 TITLE: Can I Get a Credit Card Without a Job? CONTENT: What to Consider Before Applying for Credit With No Income\n----------------------------------------------------------\nWhether you're thinking of getting a credit card or any other type of credit while you're unemployed, it's important to consider the path forward before you pull the trigger.\nThe most important consideration is your ability to pay off any purchases you make. Credit card minimum monthly payments are just a small percentage of your balance—usually with a flat minimum, such as $25—which can make it easy to afford payments during your job search.\nBut if your budget is extremely tight, not being able to make a payment could exacerbate your financial struggles. And if you're late 30 days or more, it will damage your credit score. What's more, late payments remain on your credit report for seven years, and while their influence on your credit score decreases over time, they can still make it difficult to get approved for credit in the future.\nAlso keep in mind that credit cards typically charge higher interest rates than many other loan types. If you can't afford to pay off your balance in full each month, you could end up paying an annual percentage rate (APR) upwards of 20%, especially if your credit isn't in tip-top shape.\nIf you understand these potential dangers and still plan to get a credit card, shop around and compare options. If your credit is good or better—this typically means a FICO® Score☉ of 670 or higher—you may even be able to get a card with an introductory 0% APR promotion, which can give you time to find a job and pay off your debt interest-free.\nIf you're in a financial bind and need cash right away, look into a personal loan, which may charge a lower interest rate than a credit card. END