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Could it be Harder for Seniors to obtain Bank Cards?

Could it be Harder for Seniors to obtain Bank Cards?

Tuesday

Though they have had much longer to create a history, maybe it’s harder for older grownups getting authorized for brand new charge cards. Here is why, and just how to have authorized.

Whether it is to make rewards toward getaways or just finance each and every day acquisitions, there is strong need for charge cards among older grownups.

Based on a written report from credit bureau Experian, seniors (those born between 1946 and 1964) carried on average 4.8 bank cards within the quarter that is second of, significantly more than virtually any generation into the report.