Instant Approval Credit Cards Online

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					Title:
Instant Approval Credit Cards Online

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619

Summary:
Instant approval credit cards are those that generally do not require
special requirements to be met in order to receive membership to the
card. Often, these cards can be applied for, and approved, entirely
online. There are many advantages to instant approval credit cards that
make them particularly attractive to many consumers.

An instant approval credit card online application is simple to complete.
All of the necessary information required by the credit card company
ca...


Keywords:
Instant Approval Credit Cards, Instant Approval Credit Card Online,
Instant Approval Credit Card


Article Body:
Instant approval credit cards are those that generally do not require
special requirements to be met in order to receive membership to the
card. Often, these cards can be applied for, and approved, entirely
online. There are many advantages to instant approval credit cards that
make them particularly attractive to many consumers.

An instant approval credit card online application is simple to complete.
All of the necessary information required by the credit card company can
simply and easily be placed into the online application form. Thanks to
cookies, which saves information to your computer, much of the
information can probably be added with the click of a button. Nothing
could be simpler! With instant approval credit cards, there is no need to
prove employment status and wait for it to be verified. There generally
is no need to have a bank account. In addition, most instant approval
credit cards do not even look at credit history in order to approve
membership.

Many instant approval credit cards are secured credit cards. Secured
credit cards are cards that the cardholder supplies money ahead of time
to the card. These cards do not actually extend a line of credit to the
cardholder. Instead, they allow the cardholder to access his or her own
money with the ease of a credit card.

Secured instant approval credit cards provide a win-win situation for the
cardholder as well as for the credit card company. The credit card
company is happy because there is no concern about the cardholder
borrowing money and failing to pay it back. Because the card is secured
with the cardholder's own money, there is no need to perform a credit
check or enforce stringent approval requirements.
This is part of the reason credit cardholders enjoy applying for secured
instant approval credit cards. There are no hassles and no worries about
being denied approval because of poor credit. In addition, secured
instant approval credit cards help the cardholder remain in control of
his or her finances because he or she plans ahead of time how much money
will be placed on the credit card. Paying toward the card ahead of time
also ensures the cardholder will not build up a debt that is impossible
to overcome.

There are also unsecured instant approval cards available to consumers.
Some consumers are not interested in secured cards because there are many
fees associated with these cards. Fees such as application fees,
processing fees, annual fees, and monthly membership fees are commonly
found with secured credit cards. In addition, there is generally a fee
assessed each time the cardholder places more money on the card, which is
referred to as "loading" the card. In addition, some people are not
interested in secured credit cards because they are seeking a card that
will provide a loan that they can pay back at a later date.

Unsecured instant approval credit cards are not as common as those that
are secured, but they are available. These cards often do check an
applicant's credit history, but they are capable of completing this
process quickly and efficiently, which allows them to still provide
instant approval. Sometimes, these credit cards will only approve a small
line of credit until they have had the opportunity to perform a more
extensive credit check. After a few months of membership, instant
approval credit cards following this practice will then extend an offer
to the cardholder to increase the line of credit.

Instant approval credit cards are a convenient means for applicants to
gain access to a wide array of credit cards, including business credit
cards, cash back credit cards, and reward credit cards. Through the ease
of online applications, the process could never be simpler!

				
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posted:1/26/2011
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