Will I Get Approved for a CIBC Student Credit Card?
January 12th, 2010 | by admin |
Around 7 months ago I got into quite a financial mess. In the end I ended up missing my credit card minimum payments about 3 times or so. Since 4 or so months ago I caught myself up, paid what I owed from the missed payments all at once, and havn’t paid any payments late since then. Actually pay them earlier than the due date.
I also had a incorrect report on my credit profile. Best Buy’s credit card company had kept reporting me as not paying my balance for 60, 90, 120 days, when in fact I paid that credit card in FULL almost a year ago. Finally they reported me as a collection charge-off, and that’s when I called them and they got that removed, and changed it to account settled in full.
I’m thinking of applying for a small student credit card, from CIBC. Since I am a full-time student, and having a small credit card can come in handy sometimes. (I don’t have the credit cards I mentioned above anymore, I just pay them down, they’re not in use).
What are my chances of getting approved for the $500 Student Card? I don’t want to apply & then get declined again.
Thing is, I got laid-off from my summer job, and now i’m unemployed until I start school next month, when I start my part-time job at the hospital there. So right now I have nothing to put in the employment information section of my credit application.
Lillian
Tags: Best Buy, Cibc, Credit Application, Credit Cards, Credit Profile, Due Date, Employment Information Section, Financial Mess, Full Time, Handy, Havn, Part Time Job, Student Credit Card, Summer Job, Time Student
One Response to “Will I Get Approved for a CIBC Student Credit Card?”
By joemonty2000 on Jan 14, 2010 | Reply
Leo
Without a reason to believe you can repay a debt no lender is going to be able to make any kind of loan or credit offer.