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in my opinion it is a good idea because it can prove to parents if the kids are trust worthy and responsible
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∙ 13y ago
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What is a good APR?
It depends on what you are getting credit for. A home loan with an APR less than 5.5% is good. A credit card with an APR of 15% or less is good.
Will having a credit card with a high limit affect your ability to get a loan?
if you obtain a credit card with a high limit it will not affect your credit as long as the card is in good standings .. however if the card is maxed out it could affect your credit score wich will intern stop you from getting a loan. although it may not stop you from getting your loan but it will affect your interst rates
What are the requirements of applying for a credit card?
There are many requirements to applying for a credit card. The biggest requirement is having a good credit score. Without a good credit score, one cannot get a credit card.
What should you consider before making a choice of which Visa credit card to apply?
You should think about how good you are at paying off your credit card month to month when considering a credit card. If you pay off your credit card well, you can look at getting a rewards card of some kind. If you usually leave a balance, you should look for a card with a lower interest rate from Visa.
what is a good credit card rate?
A good credit card rate depends worldwide. However, a good credit card rate would range from 6% to 8%. But a credit card rate of 5% is more than what most credit card companies ask for. As for Visa, can be from 11% to 20%, depending on the type of card that you are applying for under the company.
DO you need good credit to rent a house?
To rent a house you either need a good credit score or no credit at all. Typically students or young people usually have no credit and are fine getting a rental. Of course if you do not have any credit you usually have to have someone co-sign on your lease. You can easily get good credit by simply getting a gas card or any other card that you can quickly or automatically pay off.
What is a good title for an argumentative essay The essay is on getting a credit card as a teenager?
"Give Credit Where Credit Is Due"
What is a good APR?
It depends on what you are getting credit for. A home loan with an APR less than 5.5% is good. A credit card with an APR of 15% or less is good.
Will having a credit card with a high limit affect your ability to get a loan?
if you obtain a credit card with a high limit it will not affect your credit as long as the card is in good standings .. however if the card is maxed out it could affect your credit score wich will intern stop you from getting a loan. although it may not stop you from getting your loan but it will affect your interst rates
How credit card affect the society?
when credit card is not good
What is credit card pos?
credit card pos = credit card point of sale.
What are the qualifications of getting a premier bank card?
To get a premier bank card, one must have a good credit score so that the banks can entrust the person in repaying the money after spending it. Without a good credit score, it is highly likely that the application for the card will be rejected.
What are the requirements of applying for a credit card?
There are many requirements to applying for a credit card. The biggest requirement is having a good credit score. Without a good credit score, one cannot get a credit card.
Do you need to have a certain credit store to get a personal loan from your bank?
No, as long as you have some form of credit line and your credit is good, you should have no problem getting a loan. Credit sources can be from any major credit card, store credit card or even paying back your student loans.
What should you consider before making a choice of which Visa credit card to apply?
You should think about how good you are at paying off your credit card month to month when considering a credit card. If you pay off your credit card well, you can look at getting a rewards card of some kind. If you usually leave a balance, you should look for a card with a lower interest rate from Visa.
what is a good credit card rate?
A good credit card rate depends worldwide. However, a good credit card rate would range from 6% to 8%. But a credit card rate of 5% is more than what most credit card companies ask for. As for Visa, can be from 11% to 20%, depending on the type of card that you are applying for under the company.
Do you have to have exceptional credit to be approved for an American Express card?
You do not have to have exceptional credit to be approved for an American Express card. It is good to have a good credit rating for this card for better rates, but it is not necessary.
