getting a credit card question

[CSoup]

Is it possible to get a credit card if one does not have a job?
All cards I have looked at require about 14K a year salary.

 

[Ns1]

have somebody cosign for you?

 

[silverpig]

Get a student credit card. I got one where I live from my credit union, and I'm a student (I make about $15000 a year though, but I only told them $10000 to be on the safe side). You can get one even if you don't make that much.

 

[ThisIsMatt]

I got my student discover card and have/had no job...I told the guy I had zero income and he's like "Okay, I have to put down something so I'll put a dollar."

 

[dirtboy]

You could always apply for a secured card.

 

[CSoup]

Not a student, so I guess that won't work.
What is a secured card? Is that like a debit card where you have to put money in first?

 

[iamshady]

If you're in college or 18 or older, AMEX Blue for Students is very easy to get and very good overall

 

[JellyBaby]

<< Is it possible to get a credit card if one does not have a job? >>

How do you plan to pay for the items you charge on that credit card if you do not have a job? They do expect payment eventually.

 

[RossMAN]

<< Not a student, so I guess that won't work.
What is a secured card? Is that like a debit card where you have to put money in first? >>



A secured credit card is where you deposit $500 or more into an interest bearing savings account or CD, the bank freezes these funds (you cannot spend them) and issues you a regular VISA or MasterCard equivelant to the assets they froze. So if you go to your local bank tomorrow, put $500 into a savings account, then apply for a SECURED credit card, give them your savings account number, there's a good chance you'll be approved ... but with a cc you do need to show the ability to make payments and with zero income that's kinda tough.

If you want to take a risk and have an inquiry on your credit bureau I'd definitely recommend applying for a secured cc.

http://www.google.com/search?hl=en&q=secured+credit+card+faq

 

[QTPie]

try nextcard (.com) and put something like $30K/yr (employed under 1yr), you'll get your result instantly.

 

[CSoup]

<< try nextcard (.com) and put something like $30K/yr (employed under 1yr), you'll get your result instantly. >>



isn't that falsifying information since I have an income of $0/yr?

 

[QTPie]

<< isn't that falsifying information since I have an income of $0/yr? >>


yeah, and the worst case scenario is that you won't get a credit card.
But since they're approving online (just waiting for they connect to some credit agency database), there is most likely no physical contact or check (unless you want a credit line of 25K+ and claim your income 100K+/yr).
It all depends on your credit history. A friend of mine got a 30K credit card one month after he was laid off (he was receiving unemployment benefit at that time)

 

[randomlinh]

well, a rejection from applying usually isn't good on the credit report.. so i dunno if you should do that.

 

[ShallowHal]

As an unemployed non-student, the LAST thing you need is a credit card.
Perhaps there's a reasonble story behind your need, but on the surface it seems rather foolish. Good Luck.

 

[polypterus]

It never hurts to apply (I don't think, does it?) I had a cc before I had a job, and it wasn't a student card either, there was a $20 annual fee though, and I think I only had $500 limit or something... but I got one somehow. Also if you live your parents the application forms usually say "household income," so I think it'd be okay to put down whatever you parents make.

dc

 

[murphy55d]

Before I was employed, I was able to get a Capital One visa, no annual fee, $200 limit. It's actually a pretty good '1st credit card' because you don't have enough credit to get very far in debt.

Capital One

 

[McPhreak]

Just walk into your local bank (you do have a bank account, right?) and ask to apply for a credit card. All the banks have their own credit cards. Just apply for whatever card you want (I applied for a Platinum Card even though I was still a student at the time and didn't even have a job), and if you don't qualify, they'll give you the next best card you DO qualify for, which in my case was a "beginner's card" with a $500 limit.

On a side note, I noticed someone talking about cosigning up above. How does this work? I'm interested in getting an AMEX Blue (not for students) but I don't have a sufficient credit history. Can I use my parent's credit history to apply for a card?

 

[CSoup]

<< As an unemployed non-student, the LAST thing you need is a credit card.
Perhaps there's a reasonble story behind your need, but on the surface it seems rather foolish. Good Luck. >>



I'm not looking at the card as a source of money. I just need it for renting things like hotel and cars while I am on my search for a job. I don't currently have a bank account either, but I think those cards are classified as debit cards and some places will not take them.

 

[RossMAN]

<< On a side note, I noticed someone talking about cosigning up above. How does this work? I'm interested in getting an AMEX Blue (not for students) but I don't have a sufficient credit history. Can I use my parent's credit history to apply for a card? >>



Definitely DO NOT get the Amex Blue student card, it sucks.

Your parents will be the primary applicant and you'll be the secondary. They will check your parents income and credit history, they will run credit inquiries on all applicants including yourself and your parents. If you make a single late payment it will screw their credit and yours.

 

[samurai20]

I've had a credit card for three years and I never had a full time job. They just sent me one with a credit limit of $500 in college.
Huge APR and everything, but it was financial freedom! Now I have over a $3000 credit limit, and other credit companies are offering me $10,000 credit limits even though I've never had a full time job. Just lie on your statement, they don't check it. My friend did it and is getting huge limits.

 

[BentValve]

<<

<< isn't that falsifying information since I have an income of $0/yr? >>


yeah, and the worst case scenario is that you won't get a credit card.
But since they're approving online (just waiting for they connect to some credit agency database), there is most likely no physical contact or check (unless you want a credit line of 25K+ and claim your income 100K+/yr).
It all depends on your credit history. A friend of mine got a 30K credit card one month after he was laid off (he was receiving unemployment benefit at that time) >>



I have a question for you. I applied for another CC today online and I lied about my income as I was just fired last week , anyways I told them what I was making (19K) and they told me that I was approved pending "verification of the information I gave them"...anyways I really need this CC to help get me by for a little while until I can get another job. What do you think they will do?
Thanks

 

[BentValve]

Can anyone answer my question? Thanks