Do not believe people who tell you that applying for a credit card when you have no credit is very difficult. It is true that you are left with a few choices but then there are actually a lot of ways available that enable you to get the best credit card for you even if you still have no credit score or if it falls way below the desired score.
Having no credit score usually means that you do not have made any type of bank loans. This also means that your FICO score is below 600 and is considered as poor.
Having no credit score is actually both an advantage and a disadvantage and through knowing what these pros and cons are, you can then consider your situation as a clean slate that can help you boost your credit score and eventually get best credit card type you need.
When you apply for a credit card for the first time, it is important that you secure your application with a trusted lender or a provider that can help you process your credit card application. Online application is already possible nowadays for convenience. Online providers like Creditland.com can help you get the type of credit card you want without any type of credit requirement.
Important Facts to Consider
It is also possible that you first start to build a credit score without applying for a credit card. This might be because the particular type of card you want or need requires a certain credit score.
Applying for a bank account can help build up your score and your bank's trust so that you get to have the card of your choice and you also have a higher credit score. A six-month period is usually enough for a bank to determine whether they can trust you financially or not.
Through the proper use of your first ever credit card, you can then unlock other credit card types with new offers that can work well for you. Make sure that you pay your debts on time and also avoid exceeding the credit limit that has been set to avoid damaging your score.
Credit cards for no credit might also be a great start for you. Especially when you are of good financial standing and you want to build your credit score safely and successfully.
Being financially able is a great point booster as lenders will see you as someone that they can trust. It will also open up the possibility to apply for new credit card types that can offer you additional benefits you might need.
Paying on time and not exceeding the credit limits can definitely help you boost your credit score. This can also help you earn the trust of lenders so that they can also start offering you other types of deals that you can make the most out of.