December 30, 2020
Economy Flops, Credit Cards Approvals Drop Since June 2020, the likeliness of a credit card application being declined surged from 26% to 35.1% in October, according to NY Fed data. This high turndown rate is the largest on record since 2014. The decrease is undoubtedly not a surprise, as we continue to contend with the
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Applying for this card will securely direct you to the issuer's website.
Top Features: No late fees or interest charges because this is not a credit card it is a prepaid card.
Applying for this card will securely direct you to the issuer's website.
Top Features: Intro APR Offer on Purchases
Applying for this card will securely direct you to the issuer's website.
Top Features: All credit types welcome to apply!
Applying for this card will securely direct you to the issuer's website.
Top Features: Reports to all three credit bureaus, perfect credit not required for approval
LowCards.com is an independent, for-profit website. LowCards.com participates in a paid affiliate network and receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants’ credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site.
LowCards.com does not include all credit card companies or every available credit card offer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer’s secure web site where you can review the terms and conditions for your offer.
In some cases, LowCards has partnered with CardRatings for our coverage of credit card products. LowCards and CardRatings may receive a commission from card issuers.
LowCards.com is an independent, for-profit website. LowCards.com participates in a paid affiliate network and receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants’ credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site.
LowCards.com does not include all credit card companies or every available credit card offer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer’s secure web site where you can review the terms and conditions for your offer.
In some cases, LowCards has partnered with CardRatings for our coverage of credit card products. LowCards and CardRatings may receive a commission from card issuers.
