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Will a credit card company offer a card if a person has multiple debts?

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Will a credit card company accept and offer a credit card if that person has debts - mortgage debt, auto loan debt and personal loan?

The credit card company will assess the person's financial ability to know whether or not the person can afford it. Or, the person will get a card with higher interest rate.

Sub: #1 posted on Tue, 12/05/2017 - 18:43

sanderspatricia29 sanderspatricia29

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The credit card company can offer a card even if a person has mortgage and an auto loan. Credit card company will check if the person makes monthly payments on time.

Sub: #2 posted on Wed, 12/06/2017 - 13:30

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Yes, if that person pays the bill on time, the credit card company will offer. basically what they check is the person's creditworthiness before offering the credit card.

Sub: #3 posted on Wed, 12/06/2017 - 18:57

Mabelle Page Mabelle Page

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The credit card company can surely provide a credit card to a person who is already in debt (mortgage, car loan, or personal, etc.)
But they will check if the person is capable of making payments on time for each debts.

Sub: #4 posted on Fri, 12/08/2017 - 11:54

tiarajoseph11 tiarajoseph11

(Posts: 254 | Credits: 37.61)

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