Why are they accepting me for credit cards when I have bad credit? I have 3 of them now?
Answers: Because they get commission by putting you in debt.cut the cards up and just use cash.
Don't spend money that you don't have!.You'll regret it when the phone calls start.
There are cards designed for 'bad credit' people-- they have low limits, high fees, and high interest.
Don't get any more-- a big part of your score is having the same accounts open for a long time not constantly opening new ones-- and more inquiries ding you too.
Use them responsibly and get GOOD CREDIT and then you wont be asking questions like this.
A better question may be: why do you keep applying?
Credit cards thrive off people who rack up interest payments, late fees, and missed payment fees. The more fees you rack up, the more money they stand to make. While it will take responsible handling to get your rate improved, and your limit increased, they'll be perfectly happy to assign you a high-interest low-limit card.
Be very careful its not the types of cards that may come with a balance you have to pay before you can use the card, if it were me I would cut them up, and work on getting better credit
Can you use a credit card indistinguishable light of day you attain approved?
if you get approve for a credit card can you use the card matching day & and bring cash from atm?Answers: No.
As long as you enjoy the credit card in your mitt and it's activated, you can use it! :)
Whats the difference between a chase visa credit card and a capital one visa credit card?
Answers: the interest rate... Chase deals strictly with "good credit" customers.Chase will offer a decent interest rate to its customers - doesn't mean you will leave Chase with good credit, you must make all your payments on time & in full.... Capitol One deals with High risk credit seekers. Capitol One ( & Providian) will kill you in interst rates, these two suck you in with "intro" offers, after 6 mths the rates go sky high.
No I do not work for Chase...
Be careful with Credit Cards, these magical pieces of plastic can send some folks into a downward financial spiral... use cash or for non cash purchases a debit card ...
the difference is the banking; the credit restrictions etc
Chase is very strict and don't deal with bad credit scores; while Capital One on the other hand does
Don't get too excited about possibly getting approved without first checking out their APR
Chase Manhattan is a good company to have a credit card with. A couple a months ago a co-worker of mine was at the chase manhattan website and was making a payment and i happened to comment that they are a good company to have credit with and she smiled at me and agreed. Everyone else that I know of that has a card with capital one has complained about how horrible they are.
If you can get a card with chase instead of capital one, do it.
Yes and as everyone else pointed out, the difference between the two is good credit and bad. So cherish your credit and make a commitment to pay your bills on time. It is worth it.
I like chase manhattan and would not go anywhere else.