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Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » What are the concerns if one has no credit history?

What are the concerns if one has no credit history?

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Without a credit history, banks usually do not approve credit cards for a consumer as the credit history is meant to show creditors, if the consumer is reliable and can make payments in a timely manner. When one is given credit, the monthly repayment and the closure of the credit shows a good sign if the consumer can be trusted to pay the new credit applied for.

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