Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
what are the general formalities to get a credit card?
In Credit Cards  -  Asked by iswarya -  4 years ago

Best Answer:
Before issuing credit card banks check the credit report and credit score of the applicant if the score is good and the report is also positive means you have not defaulted in repayment of loans or any credit card payments then bank issues the card. It also check your income statement as your credit limit and the card will be issued on this basis. Applying for a lot of credit cards in a short time. If you own a house. If you've ever filed for bankruptcy. If there has ever been a judgment against you for unpaid debts.
4 years ago - By Amit

Other Answers (2)
show:
Answer 1.
My friend took a credit card but he defaulted in the payment of the card due to which his name is put in defaulter list though he has cleared the dues but bank has not updated his record and name is not removed. This is spoiling his image.
4 years ago - By Amit
Answer 2.
You should take credit card if you can mange your finances and spending because with credit card people have tendency to do over spending which leads them into debt and default the card payments in turn bank puts name in the defaulter list. Once name is put in defaulter list it becomes difficult to get it removed.
4 years ago - By Mohit
Answer: Open Questions RSS
Vashikaran Specialist in Muzaffarnagar +919610897260
Vashikaran Specialist in Aligarh +919610897260
Vashikaran Specialist in Bareilly +919610897260
Vashikaran Specialist in Moradabad +919610897260
Vashikaran Specialist in Merrut +919610897260
View All
Discover: Resolved Questions RSS
PUNE ESCORTS SERVICE 8605558887 KOREGAON PARK CALL GIRLS AGENCY?PUNE ESCORTS SERVICE 8605558887 KORE
9860898978 MR. VIVEK CaLl Giℛls iN KOREGAON PARK Pune Sex Service ℰScoℛTS ServiCe In Viman Nagar ?
ℂaℒℒ-ℊℐrℒs 09646649634 Bathinda Escort Service SANGRUR Call Girl service in Sangrur
ChokℒAte: escort services O9855660911 PanChKuℒA CaℒL Giℛℒs In ChAnDiGaℛh Call gIℛℒ In Mohaℒi
09872495586 Hot girls in Amritsar | Call girls in amritsar
View All
Vote: Undecided Questions
No question found.
COMPARE RATES
Compare Credit Cards
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
Credit Card Debt Payoff Calculator
Credit Card Balance Transfer Savings Calculator
Credit Card Balance Transfer Savings Calculator
Car Loan Amount by EMI Calculator
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive
EDITORS' PICKS
The right way to compare credit cards
An Insight into Credit Card Balance Transfer
All about Vintage/Classic car insurance in...
An insight into two wheeler insurance
Personal Loan Vs. Cash advance from credit...