After being rejected by BDO for a VISA bank card application (regardless of the years I’ve had my savings account from them and the Php100k plus money in my account), and the tiring software process I have to endure for bank card purposes (assume, requirements, payslips, ITR’s, filling up application types) for three other banks aside from BDO, and the time it should take for an approval, I finally determined to settle in applying for a secured credit card. Most companies fail to send it off within the thirty days and lots of could not even be capable to find the records, particularly if the debt is just a few years outdated. I by no means use them or carry them around with me. I’ve a debit card for that and it forces me to manage my finances because there isn’t any different way! Yes, except should you apply for secured credit card at the time that your bank of alternative has free annual charge for life promo.
There was also an instance wherein a guy with a spotty credit score from unsettled bank card was in a position to get a secured bank card. My credit score is horrid … Read More