Comments on: How long does it take a credit card company to process a credit card application?

By: kflukinger

kflukinger — Thu, 04 Feb 2010 09:37:02 +0000

Some credit companies can approve or deny within 60 seconds, others can take up to 14 days to "decide" your credit worthiness. Using a secured account it really only acts as a savings account for you however, the credit card company still gets to charge you their fees & you are still charged interest as well. I really just don’t recommend that route b/c of all the extra money you have to spend. http://www.HSBC.com offers credit cards for "not so credit credit" & do charge fees as well. I suggest getting a FREE copy of your credit report at http://www.annualcreditreport.com & either trying to repair yor credit yourself by disputing (which is kinda time consuming) or just hiring a credit repair company that is trusted to do this for you on your behalf. I used this one & it was only $29 month:
http://www.ecreditattorney-marketing.com/idevaffiliate/idevaffiliate.php?id=5030 and I have raised my credit score 107 points & I actually bought a house last year for the first time. I thought I should wait til I was married (2 incomes) but I was approved with no problems! That repair company worked a miracle

By: anon

anon — Thu, 04 Feb 2010 09:37:02 +0000

7 to14 days it does depend on a number of things

By: sukuki@rocketmail.com

sukuki@rocketmail.com — Thu, 04 Feb 2010 09:37:02 +0000

I never heard any credit card company or banks taking deposit for credit cards. Usually, credit card company/banks prefer securities like property or cars or anything else of value. You didn’t mention what country you are from as I am talking about Australia and mostly, when we apply for credit card, answer is usually instant and once the paper work is in order, credit card is in your hands within 7 to 14 days.