Chip Lupo, Credit Card Writer
@CLoop
No, the First Latitude Assent Secured Mastercard® does not do a hard inquiry on your credit report when you apply, so the specifics of your credit history do not come into play during the approval process. Not having to worry about a hard inquiry may also save your credit score from a bit of damage.
Keep in mind that other factors, such as your income and employment status, will play a big role in whether or not you get approved.
People also ask
Does HUE Credit Card do a hard inquiry?
Yes, the HUE Credit Card does a hard inquiry on your credit report when you apply. A hard inquiry usually results in a 5-10 point decrease in your credit score, but it’s easy to recover from this after a few months of responsible credit use. The hard inquiry allows First Savings Bank to determine your credit risk and ultimately decide whether you’ll be approved for an account.
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read full answer by Vernon Campbell, MemberAre there any credit cards that don't do a hard inquiry?
Yes, there are credit cards that don’t do a hard inquiry on your credit report when you apply. These no-credit-check credit cards generally require a security deposit to open the account, usually in addition to an annual fee, and they are not common.
Many credit cards also let you check for pre-approval without doing a hard pull, but they will almost always require a hard pull if you decide to apply for the card after getting...
read full answer by Chip Lupo, Credit Card WriterWhat is a good income for a credit card?
A good annual income for a credit card is more than $81,000 per year, since that puts you above the U.S. median. At the very least, you are required to have enough income to afford the monthly minimum payments on a credit card, along with your other financial obligations.
Having enough money to pay the monthly bills is the only official minimum income requirement for credit card approval in general, but individual credit card...
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