Can I get a job to get a credit card, but then quit that job after I get the credit card?
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OK, so I want to increase my credit limit or get a second credit card. I have the $$ to pay off a credit card regularly. However, I am a full time student and don't really have time for a job... my thinking is that I should get a summer job and maybe half way through the summer, I should apply for an increase or a new card... I expect to be approved. But my question is, will the bank know if I quit my job at the end of the summer (despite my ability to afford my CC)? I'm hoping if I never carry a balance or don't miss a payment, there won't be a problem, but do you think they will find out that I'm not working if I quit?? And will they lower the credit limit or take away the card if they find out? How do seasonal workers get credit cards?
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Answer:
Why??? Why do people come up with these convoluted schemes to get around credit/score systems? Not only do you need a job and proof off income to get a credit card, the card company will want to see 12 months of job history. It ain't a matter of getting a summer job for a month or so and that will cover the job history/income requirements. If you do actually get a credit card, they don't automatically cancel the card if you quit your job. The card company wouldn't even know you quit unless told them. Of course, card companies have been know to request income proof after the card has been issued.
Alex Prent at Yahoo! Answers Visit the source
Other answers
If you have no job, you'll be rejected immediately. It's time you faced the real world and get off your butt and get a job if you want to buy things. If you default once, it will stay on your credit report for 7 years,
Stan
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