By David
As anyone who has ever tried to get a credit card knows, the application process can be a daunting task, especially when you do several applications one right after the other. However this process can be made somewhat easier if you have certain information ready and available as you are preparing your application. To help you know what information you will need we’ll walk you through the typically credit card application form.
General information
The first section you will find on your credit card form is for general information about the person filling out the application. For this section you will want to have on hand your full name, your current address and up to three previous addresses, your date of birth, and your social security number. Different applications may ask for different things, but the things listed above are common to almost all applications. You probably know most of this information right off the top of your head, but you may want to have your current and previous addresses written down and ready, especially if you have moved recently.
Employment and income information
In this section of your credit card application form, lenders will ask about your current employment status and title, both to get a fix on your ability to pay back what you borrow and to establish a demographic of who is applying for the card for future marketing. In addition they will want to know more specific information about your income as well as that of others who reside in your home. It is good to have this information on hand as it is often times difficult to remember, as tracking down the other members of your household trying to figure out how much they earn can be a pain. If you share your residence with others but do not share your income, you may wish to only list your income on the application.
Additional questions and balance transfers
For this section on your credit card form you will be asked a few questions relating to your intended use of the card and be offered the chance to set up any immediate balance transfers if you are approved for the card. The questions are typically pretty simple and require little if any information to be kept on hand, however if you do desire to transfer a balance from one or even several of your old credit cards you will want to have their information on hand such as the name on the card, number on the card, expiration date, and possibly the CCV (a 3 or 4 digit security code on the back of the card next to the signature line).
Once you have gathered the necessary information, just look for a few credit card offers that you would like to apply for and breeze through the associated credit card application forms. If you have completed them correctly, you may just find that you have got a couple more credit cards on their way.
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