Credit Cards For Self Employed Individuals
Self employed individuals may find it difficult to obtain credit,
as there is a higher risk of non-payment due to annual earnings being
non-guaranteed. Fortunately there are some credit card lenders that
offer you the opportunity to obtain a credit card if you are self
employed.
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No Credit History -
Non Status Credit Cards
Individuals who have no previous or existing credit agreements in place
may find it difficult to obtain credit. This is because they have no
credit history and lenders are unable to assess whether they are
reliable payers or a good risk.
Fortunately some lenders do offer credit cards designed to build your
credit rating, and although their terms may not be as attractive as
those of the products offered to prime applicants, they do offer
individuals the chance of building a credit history.
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