get many people in Germany that it had no bank credit card because the money building the creditworthiness of the customers seem too small. This can have very different causes. First, the banks ask for the issuance of a credit card the purchase of a regular income from employment, which should not fall below a certain minimum level. On the other hand, a negative payment history be the reason for the refusal of the bank.
The protective association of General Collateral (abbreviated Schufa) stores the data on economic agreements by many consumers. These include current accounts, installment loans, and mobile phone contracts as well as mail order house bill.
device a consumer once in financial trouble and causing a disturbance payment, the credit reference agency learns of it and will make a negative entry. This is available to banks and usually leads to the rejection of all applications for a credit card.
concerned to correct the situation by purchasing a prepaid credit card create . In the case of such the card holder any credit offers. Transactions may therefore only be performed when there is sufficient credit on the card account.
This design is not an overdraft in a negative balance into possible and for the bank, which publishes the prepaid credit card eliminates any risk of default, which can be dispensed with the usual credit check.
A prepaid credit card is therefore suitable for those who are not approached by any other means to the coveted plastic card. Thus, the product innovation in the past has already proven as a credit card for students . The cards
are to be regarded as a full cash and can be used almost everywhere, where traditional credit cards are accepted. For many products even a PIN is provided, so that also represents the receipt of cash is no problem.
So if the view of the bank is not sufficiently creditworthy, which should not be resigned to his fate and establish a prepaid credit card.
