Credit Card Applications Online

The convenience of digital technology just made it easier to apply for a credit card. For some consumers that might be a good thing, for others not so much.

Credit card applications online take a fraction of the time to complete compared to the tedious paperwork of traditional applications. Within a matter of minutes, the application can be filled in and submitted. In a short time frame you can check on the credit card application status. In less than an hour the whole process of applying and being accepted or rejected takes place.

On the downside of completing a credit card online application, you never get the chance to explain any special circumstances. You don’t get the chance to show your sincerity with a firm handshake or direct eye contact. The whole process lacks the human element of interaction. Another negative element in credit card applications online is the immediate application status. You can find out the application was approved and instantly start spending money. The process has no built in time factor that could serve to make the applicant stop and think about the responsibilities of a credit card and the consequences of over spending.

On the upside of the credit card applications online and the lack of personal interaction, it is much less humiliating for the applicant. If your application for credit is rejected, no one ends up feeling awkward. You don’t have to try to save dignity by making excuses or offering an explanation. You’re just rejected. It is also a positive point for those in dire situations who might need funds quickly. When the whole process, including the credit card application status, is determined in a short time period a person has quicker access to funds.

The whole credit card online application process tends to make digital immigrants a bit nervous. For those who did not grow up cutting their teeth on a computer, the idea of such a complex process happening in such a short time seems suspicious. It sounds too easy. Red flags concerning fraud and stolen identity just keep popping up.

The convenience of the digital revolution obviously allows credit card applications online to process efficiently and quickly. It is just common sense to recognize that there will also be negative consequences in the process.