As we all know, the examination and approval system of banks is very strict. If the personal debt is too high, the overdue risk will increase many times, so banks are reluctant to issue credit cards to people with high debts. So personal debt is too high to apply for a credit card? Today, I will share some solutions with you by playing cards Bian Xiao!

How to apply for a credit card if the debt is too high?

1. Increase income: Partners who have time and energy can consider increasing our total income, such as working more or doing more sideline jobs, so that our debt ratio will be reduced. In addition, you can also find a high-paying full-time job to increase your monthly income.

2. Reduce expenses: Reduce monthly expenses by cutting unnecessary expenses. For example, reduce consumption in restaurants and coffee shops, and buy less clothes and electronic products. These savings can be used to repay outstanding debts or increase monthly income.

3. Clean up and integrate existing debts: In order to reduce the current debt burden, it can be achieved by making a budget and cutting expenses. In addition, if we have multiple outstanding loans or credit card bills, we can consider integrating them into a more manageable account. Usually, we can get lower interest rates and longer repayment time.

4. Choose the right credit card: If our credit score is not high or our debt ratio is high, we can consider choosing the credit card that suits us. If you apply for a high-end credit card such as a Platinum Card, if you don't have strong financial strength and no assets, you will be rejected in nine cases.

The above is how to apply for a credit card when the debt is too high. I hope the above methods can help everyone.