Nowadays, instant gratification seems to be everyone’s mantra. People see something that they want and they do not think twice about buying it. “Buy now and pay later” has become a routine practice followed by many people. Today, it seems that all you need is an income to get access to a credit card.
With the advent of electronic communication and the Internet, instant approval has become a prominent feature with credit card applications these days. Simply put, certain card offers maintain an instant approval feature whereby cardholders applying for a credit card get to know immediately whether he/she is eligible for the credit card or not. Many consumers find this method to be convenient as it requires much less, and in some cases, no paper work at all, eliminating the need to physically mail the card application by regular mail, which traditionally takes a much longer time.
Credit Card Instant Approval Facts
In order to prevent confusion when discussing the prospect of a credit card instant approval, one should know the following facts. First of all, the instant approval and the credit card application are two different processes....