The financial crisis of 2008 and the recession that followed had a major impact on the world’s economy. Much of the banking crisis was caused because credit, in the form of sub-prime mortgages was given out to people who should have never qualified for a mortgage.

These days’ people with no credit history are treated almost as poorly as people who have proven to be irresponsible with credit!

Credit card companies usually deny credit to people with poor credit scores or no credit history. This does not mean that people without credit history have no chances of getting hold of a credit card and building up a good credit score.

Being able to apply for a credit card online is a nice luxury to have. Instead of having to mail off a paper application [stamps are getting expensive!] and wait an extra couple of days just for the credit card company to receive your application, you can get everything done on the internet.