Learning for Earning

One of the primary motivations behind creating InvestorBill: A Beginner's Guide to the Basics of Investing and Business was to eradicate the long-standing "rich get richer, poor get poorer" trend. The second rationale was to provide regular people a way to profit from their familiarity with well-known companies.

Here to help

Our goal in bringing all of our content to the web is to make it easier for our readers to make educated decisions and feel secure in their ability to handle all of their personal finance needs.

Enjoy Your Money

Many folks aren't happy with their financial situation. Boring employment and mounting debt prevent them from moving on in life. Finding your strengths and making a living doing what you love are two of the most important steps toward a happy and fulfilling life, and this website may help you do both.

How to apply for credit card approval requirements

Before applying for a credit card, take a moment to ask yourself this important question: can you afford the responsibility of managing debt? If not, consider alternatives like using a debit card or cash.

Know the Credit Score Ranges

There are three credit score ranges:

  • 300 to 579 is considered very poor
  • 580 to 669 is considered fair
  • 670 to 739 is considered good
  • 740 and up is considered excellent

In order to get a credit card, you will need to have a good credit score. The higher your credit score is, the better your chances of getting approved for a credit card.

If you have a very poor or fair credit score, you may still be able to get approved for a credit card, but you will likely have to pay a higher interest rate.

Tips on how to improve your credit score

  • Pay all of your bills on time
  • Keep your credit utilization low
  • Only apply for new credit when you need it
  • Check your credit report regularly for errors

Find the Right Card for You

There are hundreds of different credit cards available, so it’s important to find the right one for you. Start by thinking about what you want to use the credit card for.

Do you want to use it for everyday purchases or do you want a card that offers rewards like cash back or travel points? Once you know what you want to use the card for, you can start comparing different cards to find the one that best suits your needs.

Compare Credit Card Offers

Once you’ve decided what kind of credit card you’re looking for, it’s time to start comparing different offers. When comparing credit cards, there are a few things you should pay attention to:

  • Annual percentage rate (APR): This is the interest rate you will be charged on your outstanding balance if you don’t pay it off in full each month. The lower the APR, the better.
  • Annual fee: Some credit cards come with an annual fee, which is typically around $100. If you’re not planning on using the card often, you may want to avoid cards with an annual fee.
  • Rewards: If you’re looking for a rewards credit card, compare different cards to see which one offers the best rewards program. Some cards offer cash back while others offer points that can be redeemed for travel or merchandise.

Apply for the Credit Card

Once you’ve found the right credit card, it’s time to apply. You will need to fill out an application and provide some personal information, such as your name, address, and Social Security number.

You will also need to provide information about your income and employment. The credit card issuer will use this information to determine whether or not you’re eligible for the card and what interest rate you will be charged.