How To Get The Benefits Of A Credit Card Without Using Credit
While this type of person should be applauded for holding to an economically stable viewpoint, they will often find themselves at a disadvantage in the marketplace without the buying power of a credit card. These financial instruments are today are much more necessary than ever before. Hotel and airline reservations must be made using a major credit card and many people find that they need one just to apply for an account at a movie rental store!
As more and more people use the Internet for the majority of their purchases, they find that the convenience and abundance of products in cyberspace can only be accessed by using a credit card. Additionally, credit cards are one of the key ways to establish a credit history.
Credit card companies will report on individual spending to the three major credit bureaus of the United States of America. These bureaus are responsible for compiling this information and assessing the credit score of the individual involved. This score is vital when it comes to the purchases that most people cannot afford on the spot, such as a new car. Individuals need a credit card in order to be approved for financing options, and a credit history is even more important when applying for a mortgage.
How, then, can a conscientious spender avoid the pitfalls of debt while still gaining access to the necessary functions using a credit card provides? The answer is in the prepaid credit card. Prepaid cards do not operate in the same way as credit cards in terms of spending. Instead of borrowing money against future income, users of a prepaid card load the card with money through a variety of options. Once the balance on the card has been used, the holder can no longer spend on the card until it is reloaded. This way, the user can take advantage of the functions of a credit card while staying well clear of debt due to excessive spending.
Because using a prepaid credit card does not involve spending money you do not have, applying for such a card is a non-invasive procedure. The application does not call for either an employment or credit check, nor does the company ask for security deposits.
Loading these types of cards is also easy, can be done from a number of financial institutions including ATMs without incurring a deposit fee. If you opt for this type of card you are entitled to all of the regular services that major prepaid credit card companies provide, including access online 24 hours a day to account information and deposit options, as well as the toll free assistance number.
Related Tags: prepaid credit cards, prepaid credit card, pre paid credit card, pre paid credit cards
Apply for the Vaya Prepaid Credit Card or review and compare many more Prepaid Credit Cards at http://www.apply-for-a-credit-card-now.com Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Beginning of the Cataloging Code
The first significant cataloging code was published in 1841. The realization that cooperation and s - In the Lap of the Gods 24
Life moved on. Lily became well liked by both students and staff because of her cheerful outlook on - In the Lap of the Gods 23
Does fate decide the future? Is it all mapped out for us, predestined, or can we influence what com - Write Your Memoir: How to Write About What Troubles You the Most
Everyone has a story to tell, and unfortunately those stories aren't always pleasant. What makes me - How Crafty Word Order Can Instantly Improve Your Writing
by Philip Yaffe I am usually very reticent about offering writing tips. Unless they are linked to - You Say Grandpa, I Say Deda
I was born with two grandmothers but only one grandfather. In nature's rules of familial supply and - My Russian American Dichotomy
I was a Russian girl and an American teenager. I had no choice about the first but I tried very har - In the Lap of the Gods 22
This is just an explanation for those who have read some of the other Chapters of, "In the Lap of t - Write a Book: 8 Reasons You Should Do it
Studies have shown that 82% of people want to write a book, but few of these actually ever achieve - Book Review: the Book of Common Prayer
Book Review: The Book of Common Prayer, "My carry-with-me copy is this size, and I recommend it for
Most viewed articles in this category:
- Real Estate Investment - Investing In Commercial Properties
As in any other type of investment, its obviously advisable to do your research well so that the pro - Taking Care Of Acne Prone Skin With Proper Skin Care Products
Although acne has been largely associated with teeners and puberty, the condition is not only confin - Do I Really Need Eight Hours Of Sleep Each Night?
What if you were told that there is no definitive answer for why we need to sleep? Your initial reac - How to Improve Your FICO Credit Score
If you didn't know this already, having a good credit score is more important than having a lot of c - 10 Tips for a Magnificent Memory
"Where did I leave my keys?" "What did I come in here for?" "Your glasses are on top of your head!" - Things You Might Like To Know About Card Companies
If you have a regular income and are 18 or over then you may be able to get a credit card. You will - Bad Breath in Babies and Toddlers
If your baby or toddler has had bad breath lately, not to worry. There are plenty of things you can - Starving College Students No More
The majority of today's college students are extremely Internet savvy. In fact, many of those studen - Cosmetic Surgery Financing: How Can You Get It?
Cosmetic surgery, a branch of plastic surgery, can be quite expensive, especially if you are plannin - Article Marketing, Improve Your Ranking With Links
Article Marketing, without a doubt remains the best free formula for attracting website traffic. At
