Recent financial crunch has caused many people to be issuers of loans to tighten the approval for those consumer applicants with less than perfect credit. Even a new credit rating that does not have a poor FICO level, but has not had the opportunity to establish a good credit score as yet prevented and treated as risky.
The problem for people covered by either of these categories is that they have a legitimate need to establish or restore good credit ratings and raise the FICO level, although without easy access to credit card information, their ability to achieve this is necessary task is extremely difficult. Ironically, they are the same publishing company and want their creditors to set up a solid credit facility that will not accept them at the outset to help them prove they are worthy of a new card approval. This vicious circle affects more than half of the households in the US today.
Some companies have recently entered to fill out the credit needs of this growing consumer segment and offer instant online credit card approval for people with bad credit or no credit history at all. These lenders will usually issue a new credit card without credit and irrespective of the applicant's excess or modern credit. Some of these games are issued as major branded logo cards, prepaid debit cards, secured credit cards and online shopping cards that allow the cardholder to buy home and gift products from the loan rate on the web.
One such card available without credit is a new Platinum card with a grand $ 10,000 initial value for all its eligible applicants, even those with poor loans or no history at all. As long as the applicant is at least 18 years old and has a valid US control or savings bank, the applicant must be approved. Platinum card also includes 0% interest on unpaid balance and no confirmation of employment is required for approval. The card requires a minimum initial fee, but once a new member is approved, each user's card gives a $ 2500 bonus to use for unpaid balance in addition to the initial value of $ 10,000.
For consumers who are having trouble accepting a standard credit card with strict income and working conditions, this particular card for people with bad credit can be a valuable option for obtaining maximum credit cards without credit or workflow.