In this article, we'll give you some tips and tell you more about Credit Cards for People with Bad Credit.
Can I have a Credit Card even if I have a negative credit rating?
Yes, you can and with many benefits!
Not having a credit card can be bad for some people because they can only pay by bank slip or debit.
This new Credit Card for those with bad credit is going to completely change the scenario.
Many companies are adopting this new model, offering credit cards without analyzing scores.
This is very good news so that those who are in default can have a good credit card with many benefits.
In this article, we will give you some tips to help you get your Credit Card.
How do companies perform credit analysis?
Most people probably don't know how companies perform credit analysis.
To perform this analysis, companies consult credit protection agencies, such as Serasa or SPC.
There you will find your information, such as debts and score.
If you have few points and a lot of debt, it is very unlikely that you will get a card, as this means that you are not a good payer.
However, companies that offer Credit Cards for those with bad credit do not perform this analysis, so this is very good news.
Some companies do this analysis but only to set the limit on your credit card, that's all.
But who can apply for this type of credit card?
Anyone who is at least 18 years old can now get a credit card for those with bad credit.
The requirements they ask for are: to be at least 18 years old and have a fixed income, in other cases the client needs to be a beneficiary of the INSS or be a public servant.
Which negative cards can I have?
The types of credit cards that people with bad credit can have are:
- Regular credit card
- Prepaid credit card
- Consigned credit card
Tips for getting a credit card even if you have a negative credit history
First, we recommend that you choose more affordable options that are much easier to obtain, such as: Prepaid or payroll credit cards.
These options will not perform a credit analysis; you will be able to get prepaid credit without any problems, you just need to want it.
However, the consignment will make some demands, which are:
- Being a public servant
- To be a soldier.
- INSS retiree or pensioner
- Work with a signed contract
