What is the minimum amount of monthly income allowed by a Card with the most most lenient set of rules regarding monthly income? I’ll get paid June 1st, and again June 29th. My total income for June, 2012 will be around $979.00. I just need to borrow $200, but I can’t find anyone who will help me. It’s not that I have bad credit…I just don’t have any credit at all. Currently on S.S.Disability, and I get just under $500 monthly via direct deposit into my Chase checking account. All other bills, and living expenses such a food, and medicines, are taken care of by my family and insurance companies. At any rate, this $500 I get every month is used by me for whatever purposes my discretion deems appropriate. Since I need to begin establishing a line of credit for myself, and because I just turned 49 years old last week, and realize life and time are quickly passing me by, I’ve come to believe establishing a good credit history for myself is something that I must begin working toward immediately. I need your help and advice…along with $200 credit until I get my first check June 1st. I will be able to pay off the entire loan, plus any fees than may apply at that time. Sincerely, MARK POWELL
Answered on Monday, May 14th, 2012 by
Updated: May 14th, 2012
Amy Miller
The content is accurate at the time of publication and is subject to change.

Taking into account that this is your first credit we can recommend you to see credit card offers in Limited or No Credit Cards section. You can apply online or via the phone (if there’s a phone number near/under Apply button).
We should note that all decisions about credit limit are made by bank only. The height of credit limit is mostly depends on credit score and your income. Though you need quite a low credit limit so it is most probable that you will be approved for such or even higher limit. At least if you want you can ask bank for a particular credit limit, but the last who decides is the bank.
As you will be approved for a desirable credit your credit history will start. First of all to have a credit history at all you should use your card, the often you use your card the better for your score. As you use your card you should always remember that you’d better not to exceed your limit. The optimal variant is to spend only 30% of your credit limit. Always make credit payments on time, without delay or it may ruin your effort to build a good credit history. Manage your credit thoroughly from the very beginning and later you will be rewarded.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Other Popular No Credit Card FAQs

Sadly, we don’t have any information about credit history required to be eligible for AARP credit card.

Continue »

You can choose one of the credit cards for limited credit to make your credit profile better. Or you can consider secured credit card. Some card offers have no annual fee and pretty nice rewards programs. Thus, you may save more money than spent on the security deposit. For example, you can apply for the […]

Continue »

Thank you!

Your question has been successfully sent!

What is your question?
Please, enter your question and contact information so that we can send our answer to you by e-mail.
Please fill in all the required fields.
Best Credit Offer
Horizon Gold
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 4 / 5
Copyright © 2001-2019 BestCreditOffers.com All Rights Reserved.

*See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by BestCreditOffers.com. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

Disclosure: Not an access card.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.