Do you think my credit card application will be approved?
Credit History: 2 Months
Number of cards: 3
Balance: 0
Credit limit: a little over $1500 in total
past applications I made : a little over 3, nearly a month ago.
I pay my bills each month in FULL, and after checking my credit report, everything is in good standing with no late penalties or anything
Taking that info into consideration… If I apply for a credit card now, what are the odds I’ll be declined? accepted?
Thanks!!
You’ll probably be accepted…but you may have higher APR, and a low credit limit.
Everyone’s got to start somewhere. Just be careful.
Depends on what card and if your credit history is still new I doubt they will approve for that amount
i **** you my credit report ***** i am about to get a counselor
depends on what company you applied with
Depends on your income/debt ratio. Right now, with your short history, you may still be approved if the creditors have yet to post your info on the agencies. Take it slow. If you need something now to be purchased by credit, make sure it’s an assett and not a liability that will make you pay out more by doing so.
I think you have a better chance now; since the market is allowing for refinancing of houses. The banks are trying to create an image of a economy market recovery offering new credit cards is a way to create spending power.
If you’re applying to a card that isnt exactly super popular, then maybe. But you have more of a chance to be declined by higher profile banks. Thats just my opinion though. If you really need a card, you may want to try Orchard Bank. Then do a lot of Sub-Prime no/little credit, credit cards.
you should get approved but make sure you apply for a rewards cards with miles, cash or something, check out here they have all major credit and you are able to compare them side by side on rates, fees and rewards.