To get a credit card without income verification and a guarantor sign is much easier today than it was five years ago. Such credit card programs have many banks whose owners understand a simple truth: referring more customers to banks to obtaining credit card, therefore, ideally, will benefit from the bank’s other products.
It is recommended to carefully check the conditions for issuing credit cards that are issued by some banks without checking your income. Because the main problems are high interest rates and hidden fees. That is why the plan of the card should be done in a safe bank.
Today credit card without income verification can be arranged in almost any bank. Note that in the case of registration of the first loan in the account is the minimum amount of about 10 thousand. As for interest rates, on the contrary they will be maximized – so the bank is insured against non-payment. Most often, the first month and a half are non-interest, which is why only service worth paying credit card. When the customer can demonstrate it on the positive side, you can count on lower interest rates and an increase in payments.
Conditions and features of the issuance of credit cards without income:
The presence of permanent registration in the vicinity of the nearest to the place of residence of the customer of the bank. And the place of actual residence and place of residence can not be the same.
Most banks require that the client has worked at the same place for at least 3 months, although there are some banks which increased this period to 5-6 months.
For credit card borrower must fill out a form, where you specify a minimum monthly income and other important data.
Giving the borrower a credit line without the information on s / n, the bank issued a number of risks and therefore uses the sum of the following methods to reduce the risks:
Even without income from formal employment, the Bank reserves the right to use an electronic database, make a call familiar neighbors, or a company in which the client runs to check the data.
The Bank may also increase the rate of interest to 35, or set a limit on the amount issued. Borrower’s credit history will be a great help here to serve, and to play an important role. The bank may refuse to issue credit cards, if you were repaid previous loans dishonestly.
The presence of the borrower movable or immovable property has to be a huge plus for getting a credit card without providing a statement of earnings.