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BMLS94

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I have no credit and limited income. How can I get approved for a credit card?

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Generally speaking, you will not get approved. When you put in an application for a credit card, they look at multiple factors (credit score, monthly income, etc). They need to make sure you can repay any debt you accumulate.

Really the question comes down to: Why do you need this credit card?

If it is because you are trying to build credit, look into get a student credit card or first-time credit card. These are generally easier to get approved for, start with low limits, and high interest rates, and are simply for the purpose of establishing credit.

If it is because you have low income and are trying to get a credit card to help pay for things, this is a BAD idea. This will only start a downward spiral effect where your already limited income will start going to pay your credit card bills. Or you just won't be capable of repaying your debt, in which case it will destroy your credit and you will spend many years and lots of money trying to rebuild it.

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