It is not easy to obtain a credit card for protesters and bad payers, as they are considered risky by credit institutions due to their bad financial situation. However, below we will show you a number of methods to be able to obtain a credit card even if you are a protestor or bad payer.
First of all, it is good to specify that the first method to obtain a credit card for protesters is to pay off their debts. A person in debt and therefore included in the blacklist of the and in the Register of Protests of the chamber of commerce does not offer enough guarantees, and it is therefore very difficult to obtain a credit card. Paying off the debt can certainly be an effective solution.
Obviously, the methods of extinction vary depending on the personal financial situation, and therefore, for example, in the case of unpaid bills, to obtain the cancellation of the debt, you will have to obtain all the necessary documentation with the forms including stamp duty and go to the offices of the Chamber of Commerce within 12 months of the protest.
The cancellation of the protest for bank checks, on the other hand, provides for a different procedure. In fact, you will have to ask for rehabilitation from the competent Court for your residence or area and when the debt recovery is ascertained, you can be removed from the blacklist.
REVOLVING CARDS FOR PROTESTERS
The Revolving card is a credit card that allows you to make payments while being protested. In fact, if you manage to get the card, you can make ordinary purchases and settle your debt in minimum periodic installments. At the end of the payment, it is possible to obtain an additional credit thanks to the reconstitution of the Blandford made available.
However, it must be specified that a Revolving card has very high costs, such as the APR which can reach over 25% but also the commissions, the annual fee, and the interests incurred by the holder.
In addition, there may be the possibility of a request for a risk premium from banks or financial institutions. Also in this case, in order to obtain the revolving card, it is necessary that you provide for the cancellation of the debt and your rehabilitation.
POSSIBLE SOLUTIONS FOR BAD PAYERS
If, on the other hand, it turns out to be a bad payer, then in this case the road to take maybe less complicated. In particular, you can follow two different ways to find a solution to your problem. The first method is to contact your bank and ask what credit policies it has, which change based on the severity of your personal situation. In these cases, contacting your bank can be an advantage, as they will certainly be more likely to understand the reasons for your situation as a bad payer.
Also for bad payers, it is also possible to obtain revolving cards through the assignment of the fifth of the salary or pension. So even if you do not enjoy an excellent financial reputation, you can still have access to revolving credit cards linked to forms of personal loans.
However, even in this case, you may have the possibility to undergo the risk premium, already having a situation of insolvency. A final solution for bad payers is represented by the so-called account cards (prepaid cards). This type of card cannot be used as check and credit card accounts, but they can still allow the complete management of a current account, both for payments and collections.
As you have seen, the possibilities to be able to obtain a credit card while being protested subjects or bad payers are many. However, you have to take into account the high-interest rates and all the associated costs.
In any case, the best solution may be to contact your bank or a trusted bank advisor, who will be able to put you in a position to face a path aimed at improving your financial situation.
