In today’s world we’re used to getting things when we want them. Thanks to advances in technology most of our world is much more speedy than it used to be. We have fast food, instant connections to talk to people anywhere and any time and even can see any TV show or movie we want on demand. So, why is it that we should wait to find out if we can get approved for a credit card?
The good news is that you don’t have to wait any more thanks to instant approval credit cards. The credit card companies have come to understand that we are an instant gratification society and have adjusted their practices to go with it. They have begun to put their applications online so you can fill them out and get a credit card quick.
Who Are Instant Approval Credit Cards For?
Generally, these quick approval credit cards are meant to be for those who have good credit. As you put in your information the system wants to compare the information you enter to your credit record to see if you are a smart risk for the credit company.
How Fast is the Instant Credit Card Approval Process?
While this is much faster than the old systems were, you need to understand that applying for instant approval credit cards does not immediately put a credit card in your hand and let you start shopping. What really happens is that the credit card application can be sorted out by a computer system and you can get an immediate response on whether or not you will be able to get a credit card from the company. You will still have to wait for the card to be sent to you before you can use it. While many things can go quickly these days, getting that plastic card in your hand will still have to rely on the Postal Service to deliver it.
Still, you have to understand how much faster this new process is. It used to be you had to get an application, use a pen to fill it out them mail it into the credit card company. From there, it would be put on a stack of other applications until someone had the time to input all your information. Then your information would have to be scrutinized by someone to decide if you were a good enough risk for a credit card. Once they thought you were, they would approve you and then your card would be sent. That is a lot of time you would have to spend waiting and it could have been weeks before you found out if you were approved by getting the credit card in the mail.