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Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

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Credit Cards No Credit History

Getting credit cards without any credit card history can be tricky as well as intriguing. The process of getting credit cards is quite involving and detailed; as much as it is not impossible to get a credit card without any credit card history it is also not automatic that you will get the right credit card. Several factors combined will determine your fate. Let's assume you have eventually managed to get an interested credit card service provider. Whether you have a credit card history or not, getting a credit card under the right terms is quite vital. it would be of no use to get a credit card that contributes to your financial ruin.

Considering the above fact, it is important to take into consideration the terms and conditions under which you will carry out transactions using your card. Most people do not know that credit card service providers are usually flexible and would actually give you the chance to argue your case for a better credit card rate. In my opinion, I feel if you are going for a credit card for the first time, the main problem should be providing the proof that you are actually eligible for the card. In this mission it is further important to note that credit card service providers are actually interested in giving you the card since this forms the center of their business. Have you ever thought about the difference in monetary value form your purchase using a credit card and when you actually pay in cash? The bottom line is that this credit card companies make more profits when you use credit rather than when you use cash. Since they make more profits when you use credit, it is always advisable to bargain for the best interest rates from any credit card service provider.

Advantages of no credit card history

If you are applying for a credit card for the first time, chances are that you have qualified for the card because you have a good rating form the information gathered by the credit card service provider due to your good payment history from whatever sources he/she has acquired his information. If this is true, then this is the best opportunity to bargain for the best interest rates possible. This will be much easier since your record will still be clean and untarnished form any poor credit scores. If you fail to get the best credit card interest rates at this point getting any better rates in subsequent applications may turn out to be a difficult task.

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