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Prepare for a dip in your credit score. After applying for a credit card, your credit score will temporarily drop. Put together a repayment strategy. Before you get a card, you should look at your ...
A 0% intro APR credit card can help you handle large purchases or manage existing credit card debt. These cards offer a promotional period where you pay no interest either on new purchases ...
You should know that applying for any credit card will cause a slight dip in your credit score. But if you’re approved, that is usually offset in a few months by the new credit line you now have.
The card issuer uses your application and credit score to determine your eligibility and credit limit. Factors like previous payment history and income can indicate to the issuer whether you’ll ...
4. Pay Down Debt First. Pay down outstanding debt on existing cards before applying for a new credit card. Typically, it’s good to keep outstanding balances below 30% of your credit.
Look into credit cards for no credit history: Also known as starter cards, these credit cards are built for those with little or no credit history, a category many students fall into. The credit ...
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