4 Habits You Must Avoid when Shopping for Guaranteed Approval Credit Cards

4 Habits You Must Avoid when Shopping for Guaranteed Approval Credit Cards

In this presentation, we’ll be discussing with you several habits and activities you should steer clear from when shopping for guaranteed approval store credit cards offered in the market.

Settling for the first line of credit that will be offered to you.

Keep in mind that it is never wise to sign up for the first offer you will receive. After all, a hasty decision will surely limit your chances of taking out a credit card program that is tailor fit to your needs, spending habits and budget.

Instead we suggest that you take the time to shop around and compare what each issuer is offering. Pay close attention to the rates of interest, credit limits, fees and charges, payment terms and options, and the eligibility requirements imposed on various programs. And consider how soon each firm can provide approval to your credit card application. Then use the information you will gather from this in deciding which program to get and from which issuer. By doing so, you can improve your chances of taking out a line of credit that will surely work to your advantage.

Not running background checks on your target issuers. lways remember that failure to conduct personal investigation on your prospective issuers actually increases your risk of striking deals with predatory card companies as well as with scam artists.

This means that before submitting an application, either in person or online, you should find time to research on the history, government accreditation, and track record of each firm in terms of providing guaranteed approval store credit cards to consumers, in general. And don’t forget to visit the website of the Better Business Bureau where you can find comments and reactions of the past and current clients of each firm.

Being too preoccupied with just one credit card feature.

Some card applicants tend to focus too much on just one feature – either the rate of interest or the credit limit. And because of their preoccupation with the interest rate and the spending cap, they usually fail to examine the other features of the card programs they stumble upon. And in the end, most of them had to settle for a line of credit that neither meets their needs nor their expectations.

Hence, we encourage card applicants like you to examine all the features that will apply to the credit card you wish to take out, before making a decision. Look not only at the interest rate and spending limit but also at the grace periods, minimum amount of payment required, the payment terms and options, the transaction fees and charges you have to pay while using the credit card, etc. In so doing, you will most likely end up with a suitable instant approval credit card.

Signing your contract without reading first the terms and conditions of the card program.

Bear in mind that there’s no more turning back once you have affixed your signature on your credit agreement. So before you do so, read your contract several times and make sure that you’re familiar with all the stipulations of your credit card program. This way, you can make a smart decision, later on.