Know about credit cards that do not consult credit history

Entering the bureau registry can happen to anyone. Whether due to a bad year, a family accident or even illness, it is possible to fall into debt from one day to the next. Despite this restriction, there are some companies that issue credit cards that do not check credit history.

Many of these companies do not verify your income, do not charge fees, and can be applied for online. Although they do not verify credit history, it is important that whoever receives them does not make the mistake of generating new debts again.

Many digital and traditional banks offer this type of alternative and can be consulted by those who need this benefit.

Previous deposits and what they are for

One of the means that companies use to ensure that their users will not get into debt again is with the so-called previous deposits. Thus, the client deposits an amount in the form of a guarantee and correctly uses the plastic in purchases that have been paid for a period of approximately 12 to 18 months.

The limit of the credit card that does not have a credit history will be based on the amount of the deposit made at the beginning of the contract. This format of cards can be obtained as secured cards, which require a prior deposit.

Also, another way to get them easily can be done through online financial institutions. Currently they are extremely reliable and have the same advantages. Well, the best thing is that most of them can be requested online.

There is no need to explain why the bureau has been entered and everyone verifies the identity in a simple and silent way. Only by proof of documents and may or may not require a security deposit, which if required is returned a few months later.

Trusts

It is an excellent alternative to show that you are deserving of obtaining these types of financial requests. After about 6 months, your denomination will be clear for new trusts.

The credit cards that do not check credit history They are an excellent alternative that exists within the market. Since it generates discipline to the old debtors. And it gives them the possibility of being able to make virtual purchases or use plastic as they did before with the peace of mind of not being in debt again.

Read More: 

Four Fees You Shouldn't Pay on Your Credit Card

Get to know the Coppel credit card, click here.