If you want our take on preapproved credit cards, read on for further information. If you do not understand how the balance on your accountis computed, askthe card issuer. Under the equal credit opportunity act, a credit scoring system may not use certain characteristics-like race, sex, marital status, national origin, or religion-as factors. However, creditors are allowed to use age in properly designed scoring systems.
- Preapproved Credit Cards
- Credit Cards For Bad Credit
- Prepaid Credit Cards
Credit Cards For Bad Credit
The card issuer will give you a statement describing these rules when you open the account and, after that, at least once a year. In fact, many card issuers printa summary of your rights on each bill theysend you.