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Yes. Employment is a factor in the ability to pay. When you are scored your employment status is a factor but doesn't prohibit you getting a card. Plently of people what are independently wealthy (e.g. their income is the results of investment rather then employment) get credit cards all the time. The key is the ability to pay and the risk of non-payment. If you are broke and have no job and no income you will likely be declined.
Wiki User
∙ 14y ago
Wiki User
∙ 15y ago== == NO. You are not in a position to pass the credit test for income.
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Is Commercial Credit Insurance casualty insurance?
Credit insurance is a type of life insurance policy purchased by a borrower that pays off one or more existing debts in the event of a death, disability, or in rare cases, unemployment. Credit insurance is marketed most often as a credit card feature, with the monthly cost charging a low percentage of the card's unpaid balance.
Can credit card companies seize your unemployment check?
no
How do you purchase insurance products?
Credit card
What does it mean when a credit card machine says unauthorized card?
From my experience (being a cashier), you only see "unathorized card" if you try to run a credit only card (such as American Express) as a debit. I've seen a few unemployment cards display an "unathorized card" message whenever someone tried to run it as a "credit" instead of "debit". It could mean something else entirely, however, as MOST unemployment cards will run as credit, even though the rules say you MUST run it as debit.
Is there any credit card that offer an health insurance?
No, there is no credit card that offers health insurance for anyone, anywhere. Credit cards do come with benefits but not health benefits or anything that has to do with health.
Why would one purchase credit card protection?
Credit card protection is a form of insurance which an individual can take out with an insurance company. If the individual becomes unable to pay off their credit card debt due to illness or redundancy for example, the insurance will cover the debt.
Does credit card insurance cover lost items?
No. It covers only loss of card.
How can I prevent my credit card from being declined?
You can prevent your credit card from being declined by paying your bill on time and not exceeding your credit limit.
If you use your credit card to pay your car insurance will your insurance rate go up?
No. It does not matter.
Your mother died in Colorado leaving credit card debt and she also had a life insurance policy with her children as beneficiaries do you have to use the insurance money to pay the credit card?
I would consult an attorney if I were you.
What are the benefits of credit card insurance?
Credit card insurance can be taken out to cover loss arising from unauthorised transactions if one's card should be lost or stolen. However, it is worth reading the terms of the policy carefully to ensure it actually offers things which one does not anyway get free when one takes out a credit card.
What will happen if had a stroke but still got unpaid credit card and personal loan?
During events of emergencies such as car accidents, personal property damages or getting too sick, some credit card companies offer supplemental insurance for credit card. The case of being sick with unpaid credit cards will be handled accordingly with applicable laws.
