student credit
When You Apply Online for a Credit Card, Look Before You Leap!
In the early 1970s, banks were eager to introduce the consumer public to the then-new concept of the credit card. Prior to this time, people would have charge-accounts at their favorite department stores, but that was about the extent of living on credit. Unsolicited credit cards were sent out by the millions and consumers eagerly accepted this new way to buy what they wanted on time. Lots of people got in trouble, overextending themselves and facing unsecured debt that might take years to pay. Today, both banks and consumers are smarter. When you apply for a bank credit card, there are a few things you should know before you accept an offer of credit.
Applying for a credit card is ultra easy these days. You can apply for a credit card online and be approved in just minutes. What you may not know is that as soon as you’ve entered your information and submitted it for approval, the issuing bank runs a credit check which determines what your lending rate will be. › Continue reading
