Obtaining a credit card with no employment

londonTiger

upon further reflection - it's probably not wise to provide false information. I have done it myself because I needed to get credit and saying you're a salaried employee means you get instant approval and that does make a difference.

I did look up "application fraud" on cifas. technically providing false information is fraud but is that what the process was designed to monitor and protect against? - I cannot say.

it's a risk I took - I know I'm good for the money and keep within the limits YMMV.

lippy1923

londonTiger wrote: »

I think applications fraud is meant to cover trying to get credit in someone elses name or doing a credit card scam rather than mis-stating your income..

I have limited knowledge in this area mind, don't take any of my advice here literally - I'm just stating what I did. I've always been self employed, owned my own business etc and never had issues with getting credit card - including stating my employer as the one I was employed by 5 years prior.

It may cause problems if they check - but I've always made more than minimum payments and never did anything for the credit card company to panic and do further ivestigation.

It's not mis-stating, its deliberately misleading. OP do not put any false information on an application.

Ravenshade

Capital One are usually happy to provide you with a credit card provided that you don't have 'bad' history. True it's at a 30%+ rate, but it's still a credit card and it'll help you build up!

zerog

Ravenshade wrote: »

Capital One are usually happy to provide you with a credit card provided that you don't have 'bad' history. True it's at a 30%+ rate, but it's still a credit card and it'll help you build up!

Who cares about the rate if your goal is just to rebuild a credit score.

Frxn

I'm an unemployed student (income is only slightly better than job seekers allowance) and was approved for the Aqua Rewards card, the APR I was given was 39.99% with a limit of £250. For credit building purposes, I don't see the APR being an issue.

You could apply for that one;)

I'm not allowed to post links (new member) so go to this post for link:

grumbler wrote: »

....

kingfisher123

thanks everyone but I mentioned also that I could credit a certain sum of money to a card up to (say) the given credit limit, therefore enabling the supplier to treat my card as a pre-paid card, if necessary.

would that help?

cse

The Capital One secured card sounds like what you're looking for - acceptance is pretty much guaranteed as long as you provide an upfront deposit

http://www.capitalone.co.uk/creditcards/secured-credit-card.jsf

DCFC79

ki450751 wrote: »

I have some rental income and a cash lump sum to live off but need a credit card to start rebuilding my credit score having not had any borrowings for over 10 years.

Is there a card that does not require proof of income? I am happy to credit a sum of money up to the initial balance if this should help me to acquire such a card.

Any advice?

kingfisher123 wrote: »

thanks everyone but I mentioned also that I could credit a certain sum of money to a card up to (say) the given credit limit, therefore enabling the supplier to treat my card as a pre-paid card, if necessary.

would that help?

2 different posters here, maybe they live in 2 different realities.