2007-01-15 01:23:28 · 10 answers · asked by Anonymous in Business & Finance ➔ Credit
captail one......
2007-01-15 01:30:51 · answer #1 · answered by anthony * 3 · 2⤊ 1⤋
Credit cards lead to debt I agree. AVOID as much as possible only if it's a life/death situation not for luxuries etc & only spend that you can afford to pay back in full in less than a month(before u get the really high interest rates). Believe me it's not worth it. But I have applied before on benefits & got accpeted. if you've paid all your bills b4 on time, have a bit of money in your account should be no problem.
2007-01-15 05:29:47 · answer #2 · answered by Anonymous · 1⤊ 0⤋
ok firstly yes you can, i have had one. capital one.
secondly please don't do it, i know quite a few people on benefits with credit cards and they are now struggling to pay off debt's including myself. having been there done that i would strongly advise not to get one. the APR on these cards is phenominal if you spend £100 then you will be paying back at least £25 in interest thats a lot.
2007-01-15 05:12:43 · answer #3 · answered by kitten4anutta 2 · 0⤊ 0⤋
Yes my daughter was on working families tax credits and she got credit cards also she got a mortgage and a bank loan which she couldn't pay !! I think you would be daft having a credit card my daughters debts had to be consolidated into one loan which is gonna take her 5 years to pay off, she learnt the hard way ! my advice is to try and manage without credit. Oh and yes she lost her home as well she sold it and the solicitor didn't even charge her the fee cos he new she couldn't pay him ( Nice man :) )
G
2007-01-15 01:35:39 · answer #4 · answered by Gina_06 2 · 3⤊ 0⤋
credit taking part in cards would properly be sturdy or undesirable it actual relies upon on the consumer, the consumer needs to be accountable and understand that he or she would be able to not spend greater then what they'd arise with the money for and stay of their speding limits. undesirable issues approximately CC a million. previous due money gets you to pay previous due costs that are high priced 2. over the decrease costs in case you bypass over your decrease you would be value intense costs for this 3. it gets you in debt in case you don't be responsive to the thank you to apply them 4. Card would properly be stolen and utilized by somebody else. 5. to many credit taking part in cards can destroy your credit.. sturdy issues approximately CC a million. great for convinience 2. they'd grant help to construct credit if used appropriate.. 3. they'd earn you reward and element which would be redeem for unfastened stuff 4. greater ordinary then carring money on your pocket..
2016-10-20 05:42:48 · answer #5 · answered by kigar 4 · 0⤊ 0⤋
ok didnt you just ask this?
rihgt first one is capital one and vanquis they both cater for very low income
alsothere is another type where you top it up with your own money instead of getting into debt, you top up at the post office and its clear the next day, a good way of saving and its a mastercard so you can use it almost everywhere including the internet
its www.cashplus.co.uk
2007-01-15 01:34:20 · answer #6 · answered by button moon 5 · 1⤊ 0⤋
Credits cards only lead to debt, they are no good at all.
2007-01-15 01:27:25 · answer #7 · answered by PaganByNature 2 · 1⤊ 0⤋
I bloody hope not....you need to WORK to get credit instead of expecting the tax payer to bail you out....
2007-01-15 01:28:03 · answer #8 · answered by Anonymous · 2⤊ 1⤋
How are you going to pay it back?
Think about it!
2007-01-15 01:27:08 · answer #9 · answered by Robb the B.D.C. 5 · 0⤊ 0⤋
DONT BOTHER, IF YOU NEED MONEY GO & SEE YOUR LOCAL CREDIT UNION THEY WILL LEND YOU CASH AT EXCELLENT RATES.
2007-01-15 01:32:07 · answer #10 · answered by richardwales79 3 · 1⤊ 0⤋