Q: Can minimum wage guy get a credit card? Which has the lowest income requirement?
A: -The key question is, is what you really want a CREDIT card? Local credit unions issue something that looks very much like a MasterCard, but it's actually a debit card; you won't get an approval unless there's enough money in your account to cover the purchase. If the reason you want a card is to be able to purchase stuff from web sites, or over the phone, this will work. -I can answer your question from recent personal experience and local enquiries. So my information is accurate and up to date. If you have a bad credit report from Canada's two reporting agencies Trans Union and Equifax there is little you can do. You are basically stuffed for six years. Applying will get you nowhere. An enquiry will stay on your bureau for three years if you apply with a bureau member. Multiple enquires will put a warning flag on most bank computers. So you are best not to apply. Even for any credit. What you can do is go to Vancouver City Credit Union. Her is how it works. The banks are currently shinning away from recourse cards. All the six banks are the same, you apply at one you will get the same deal at another. So go to Vancouver City. Here is how it works. If you are DISCHARGED from bankruptcy they will give 2 for one. So if you put up $1000 in term deposit they will give you a $500 Visa card. So over years you can restablish. But you must pay on time and not go over the limit. If you do they will cancel the card. If you have a bad Credit Report like I do, but no bankruptcy they will go 1 for 1. Deposit $500 and they will give you a $500 card limit card. What you then do is apply to Home Trust http://www.securedcreditcard.ca/ You can get as high a $10,000 on deposit. I applied for the minimum of $1000. So with two cards Van City $500 and Home Trust $1000 you have two cards. One for $500 and one for $1000. You treat them like gold. Pay on time and do not apply for any credit. Over time (years) the collections and bad debt on the two credit bureaus will be revoked. Then you can apply for a car loan and mortgage loan and resptablish. Then hit the banks for Platinum Cards. You need a job where you can bushit. Get an accountant to say you are making $100,000 per year. Visa, Master,Amex & Pat and you are in for $300,000. Retire the banks can collect on the Life Insurance. This is good are Aids Patients. These are the hard facts of life. But you can do it. Good luck. I (ignore the spelling and troll van. general responses) you are we getting good advise and fuck the nine fucker, if I ever meet him I will knock his block off. Fuck going to jail too it will be worth it. Hindu bastard.
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