It coincides with the Spring Festival, and I wish you all a happy New Year, all the best in the new year, and all your wishes come true.
Nowadays, credit cards, as one of the mainstream payment methods, are deeply loved by people, whether they value the points they can earn for consumption, or because they value their benefits.
It is a very good choice to apply for a few credit cards for ordinary use or emergency use, and it is always better to take precautions than to cramm.
The beginning of the year is the peak period for starting a business and opening a store, and many friends who work in other places no longer want to leave their hometowns to work and make money, and they are eager to try to open their own stores and do business.
Not all of them in this entrepreneurial army have enough capital to open a store, and some friends need to rely on financing to take the first step.
There are many ways to get financing, you can find someone to invest, borrow from relatives and friends, or take out a bank loan or apply for a credit card for capital turnover.
So can people with bad credit apply for credit cards?
The answer is no, if you want to apply for a credit card, the first thing is that you need to have good credit, and you can't have overdue records, or bad debts, bad debts, etc.
The impact of credit information on a person is great, such as people with bad credit who want to apply for loans, credit cards or various lending products are basically impossible.
The reasons for poor credit are basically caused by all kinds of overdue, for example, there are many online loan products that are also recorded in the credit report. If the loan is not repaid on time after the expiration date, it will be overdue, resulting in the failure to apply for a credit card in the later stage.
There is no need to rush in this situation, you only need to pay off the amount owed in full, and then wait for five years for the credit report to cover, and then you can apply for a credit card again.
In practice, we know that we don't need to wait for five years, we only need to try to apply after two years, and gradually apply for other types of credit products. There are many reasons why you may not be able to apply for a credit card, including but not limited to credit reporting reasons.
Unemployed people, incorrect information, high total credit, failure to receive a return visit, and selection of a card with too high a grade may lead to application failure.