If you’re new to credit cards, it’s easy to feel confused – there are so many different options… Will you get accepted?
If you’ve never had a credit card before or had one a very long time ago OR if you’ve had issues with credit in the past, you may find that the mainstream credit card providers won’t accept you.
To get one of the good cards that offer perks and low rates you need a good credit history and you build a good credit history by having a credit card. You can see the catch 22!
Even if you’ve had SOME form of credit like an overdraft or a mobile phone contract, you may still struggle as there won’t be much data with the credit reference agencies.
And if you’ve defaulted on debt, had a county court judgement, declared bankruptcy or had other similar issues, you’ll be in the same boat.
The GOOD NEWS is that there are credit cards out there that may accept you. Before you go applying, I’d strongly recommend using a comparison website to check if you qualify.
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Important Tips - 00:54
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3. Zopa - 05:27
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