«Retail card issuers are continuing to extend credit to near - prime borrowers, making store credit a viable option for consumers with lower scores who may have
difficulty opening a bank card,» said Loughran in the release.
Not exact matches
Patrick Wright, the former head of the diplomatic service, was told by his two sons they were experiencing
difficulties when they tried to
open bank accounts in Singapore and New York, coincidentally at the same time.
The launch of mobile money payment interoperability system is expected to largely eliminate the
difficulties associated with traditional
banking services, such as the
difficulty in
opening bank accounts, the high costs associated with maintaining a
bank account relative to customers» income levels, the need to have basic literacy, administration and record keeping abilities and English - language capacity to operate a
bank account, and the sheer intimidating nature of
banking halls.
Low - literate adults have
difficulty with such things as reading over-the-counter medicine labels, completing a job application,
opening a
bank account, and more.
Savvy consumers can use a trick to earn bonuses from both credit cards and
opening a
bank account at the same time, removing the
difficulty of keeping track of the numerous accounts.
Note however that given the
difficulty to
open a
bank account abroad nowadays, you may want to keep the account
open with a symbolic amount on it, just in case you need it for some reason.