Sentences with phrase «history of regular credit card»

My niece and her husband, both in their mid-20s, just bought a single - family home, without having a history of regular credit card use.

Not exact matches

After you've improved your credit history and applied for a regular credit card, you have the option of keeping this card open at no annual cost - thereby extending the credit history you've established.

These credit cards work just like a regular credit card, except instead of the bank extending you credit based on your history of managing your credit responsibly, they give you a credit line typically equal to the amount of cash collateral you're able to deposit with them to secure the loan.

Unlike a regular credit card, they're tailored to fit the financial needs of young adults who don't have an extensive credit history (just like regular cards, you need to pay off your balance each month or you'll accrue interest).

With one of these cards, you can establish a positive credit history by using it sparingly and by making regular monthly payments.

A credit card is very influential in terms of your credit history because it provides regular reporting opportunities.

Regular use of your credit card, taking the actions necessary to build good credit, combined with our regular reporting, works to build your credit history qRegular use of your credit card, taking the actions necessary to build good credit, combined with our regular reporting, works to build your credit history qregular reporting, works to build your credit history quickly.

CIBIL history of 6 months or more is required to process a personal loan applicant must have an existing track record of a loan or credit card for which regular payments for more than 6 months have been made.

But if you have a long history of regular loan and credit card payments, asking for another card should have little or no impact.

Just as the name implies, student credit cards are specifically designed to meet the needs of students who may not have credit history to qualify them for regular credit cards.

Student credit cards function the same way that regular cards do, but have lower credit limits, have a higher rate of approval for those with no credit history, and have rewards programs geared towards students.