Credit cards are extremely useful tools. Unfortunately for a bad payer, it is not easy to obtain them, if not by asking a guarantor to put a signature and guarantee for him. In fact, credit cards have the advantage of making money available every month, even if we do not actually own them. On a predetermined day, the bank credits us to our account how much we have spent. These are microloans granted month after month and for many people, they are a concrete help if used intelligently.
The bank, therefore, advances us money every month, charging us high high-interest rates. But how can a protestor get a credit card? Here are our suggestions!
How does a bad payer get a credit card?
For a bad and protested payer it is difficult and sometimes impossible to obtain a mortgage, loan, or credit card. This is because in the eyes of the banks it is seen as unreliable.
However, the individual bank chooses whether to grant a protestor a credit card or not. In most cases, he refuses because he finds it risky to advance the credit with the issuance of the card, as it is a small loan. So what are the possibilities for obtaining it?
- Pay off the debt that made us enter the list of protesters so as to be subsequently removed (it is not an immediate thing).
- Some banks may grant you the card if you find someone willing to act as a guarantor. In fact, for the bank, if you fail to pay, the guarantor will do it for you.
- Option for a prepaid card. It is certainly not the same thing, but if your goal is not to have a credit card to make you advance the money, but only to be able to shop online, then they are a perfect solution. Almost all banks grant them to protesters because they represent a risk for the institution.
Obtaining a credit card is not an easy option in itself, insofar as guarantees are generally required, such as a paycheck, for example. Consequently, it is easy to understand how it is even more difficult in the case of bad payers or protesters.
- These two categories are in fact considered particularly at risk by credit institutions and this is the reason why their requests are usually discarded: however, there are also credit cards for bad payers.
The first solution for having a credit card
The first suggestion that you can give to a protested person is to try to pay off their debts in order to apply (without problems) for a credit card.
In practice, the debtors are included in the black list of the CRIF and in the Register of Protests of the Chamber of Commerce: being able to exit this list represents one more possibility to be able to obtain a credit card, which otherwise would almost certainly be refused.
Depending on the individual’s financial situation, the debt can be extinguished in different ways. Only when you are able to completely erase your past insolvencies will you also be eliminated from the blacklist (but it could still take some time).
Credit Cards Even For Bad Payers, What Are The Obstacles
The first thing we want to clarify with all our readers is why credit cards, even for bad payers, are so difficult to obtain.
And, as all those who have had this type of experience can well confirm, the answer is to be found in the fact that the credit card for protesters, or more generally the credit card for those who have had some past misunderstanding in returning lines credit, it is a real loan. As such, its granting is subject to the investigation of a credit procedure, not unlike that which the bank could carry out to grant a small loan.
Here, therefore, those who are reported as bad payers in the main banks run the serious risk of having their requests rejected. But are there alternatives to getting a credit card for protesters and bad payers? Are bad paying revolving credit cards a mirage or are they still a viable path?
The Solutions To Have Credit Cards Even For Bad Payers
Fortunately for you, the solutions to get a credit card even for bad payers are certainly not lacking. We wanted to dedicate a small paragraph to each of the conceivable paths.
Settle Your Debts
Although it is an all too simplistic solution, it is clear that the first way to get a credit card even if bad payers is to settle your debt position, going to settle the outstanding liabilities. Once your overdue liabilities have been regularly settled, you can have the banks concerned issue a regularity communication to be presented to the credit institution to which we have requested a credit card for bad payers.
In fact, we remind you that it is not possible to delete negative data in before the necessary time has elapsed, as indicated in the regulations of the Central Credit Register.
