eHow launches Android app: Get the best of eHow on the go.

Get a Credit Card Without Credit

Video Preview
From Quick Guide: Overview of Credit Cards

Summary: To get a credit card without credit, start by going to a local bank. Learn to get a credit card without credit with expert tips from a registered financial consultant in this free video on financial planning.

Views:
140
Presenter
By Patrick Munro
eHow Presenter

Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

Click Here

Post a Comment

Post a Comment

Video Transcript

"This is financial adviser Patrick Munro, discussing how to get a credit card without any credit. Many times individuals don't have any credit because they're so new on the seen, that they haven't had any experience in the market place. Many times they can go to a credit card company, usually through a bank, and place a cash deposit with the bank, let's just say 500 dollars. That bank can turnable generate a credit card back to the individual. The individual is then allowed to spend the credit card to the limit of the cash deposit, that he have previously given to the bank, in the case 500 dollars. The bank monitors that activity overtime, and if you're a responsible individual, that has placed your money with this institution, they will see that you are a credit worthy individual. Then they will extend full credit terms to you using the banks money. And this is a way for an individual to get a credit card without having any credit."

eHow Article: Get a Credit Card Without Credit

Related Ads

  • Have you done this? Click here to let us know.
Get Free Personal Finance Newsletters

Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy.   en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.

eHow Personal Finance
eHow_eHow Business and Finance