Easy approval credit cards

Getting approved for credit cards isn't somehow as easy as it used to be in earlier days. These days' most of the credit card companies have more strictauthorization requirements.

New Work, NY (prHWY.com) September 18, 2012 - Generally a prepaid credit card is not an exact credit card, as no credit is given by the card issuer. The card-holder uses money which has already been "deposited" via an earlier deposit by the card-holder or someone else, such as a parent or employer. Yet, it conveys a credit-card brand (such as Discover, Visa, MasterCard, American Express, or JCB etc.) and can be used in parallel ways just as the same it were a regular credit card. Unlike debit cards, prepaid credit cards normally do not need a PIN. Concessions are prepaid credit cards comes with an EMV chip. But these cards do need a PIN if the payment is managed via Chip and PIN technology.
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After obtaining the card, the cardholder can loads the account with any amount of money, up to the programmed card limit and then the card can be used to make purchases the similar way as a typical credit card works. Since there is no credit markis involved, prepaid cards can also be allotted to minors (aged above 13). The main plus point of the pre-paid cards over other credit cards is that the cardholder is not needed to come up with $500 or more to open an account. With prepaid credit cards clients are not charged any interest but are often charged a buying fee plus monthly fees after a particular time period. Many other fees may also be added to a prepaid card that has to be paid to the card issuer by the card holders.

Prepaid credit cards are at timespromoted to teenagers for shopping online without having their parents or elders to complete the transaction.
Prepaid cards can be usedworldwide. The prepaid card is suitable for recipients in emerging countries like Brazil, Russia, India and China, where international wire transfers and bank checks are time consuming, complex and expensive. Because of the many fees that apply to attaining and using credit-card-branded prepaid cards, the Financial Consumer Agency of Canada describes them as "an luxurious way to spend your own money"..
Secured credit cards

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Categories: Accounting

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