Is Obtaining An Unsecured Credit Card Easy?
Criteria used to determine eligibility varies from card issuer to card issuer. Most banks and financial institutions will grant you credit if you meet the following requirements: You must be a resident of the United States. You must be at least 18 years of age. You must make at least $95 a week. You must have a valid Social Security number. You must be employed for at least 6 months. Are All Credit Cards The Same? Credit terms vary among issuers. When shopping for a card, think about how you plan to use it. Do you expect to pay your bills in full each month or do you plan to pay off your purchases over time? Consider the annual fee, finance charges, interest computation method, whether or not there is a grace period for purchases and cash advances or balance transfers. It is also a good idea to look at the credit limit, how widely the card is accepted, additional services and features, and the Annual Percentage Rate (APR) and finance charges. NOTE: Most credit card plans allow the issu
