Responsive Navigation Bar - W3jar.Com

Blogs

The following are five frequently asked questions, as well as five questions that should be asked, regarding the Score MasterCard.

Oct 5, 2023 4:22:50 PM / by Bill Dost

We have compiled a list of five frequently asked questions, as well as five additional questions that should be posed, pertaining to the Score MasterCard.

 

What is the rationale behind requesting the applicant to provide a deposit and the assigned credit limit?

In order to avail our secured card, customers are required to make a deposit on their card equivalent to the allocated credit limit. This unique offering differs from a standard credit card, as it not only takes into account the customer's credit rating but also enables them to enhance their creditworthiness. By providing a security deposit equal to the desired borrowing amount, customers can obtain a credit card that would otherwise be unattainable.

Is it possible for me to submit an application despite having a low credit score and a prior history of Individual Voluntary Arrangement (IVA) or bankruptcy?

Applicants with a low credit score and a previous IVA/bankruptcy are welcome to apply, as our score card system incorporates a security deposit to mitigate any adverse credit history on a customer's record.

What sets the Score Master Card apart from other cards?

The Score MasterCard stands out for its distinctive features, boasting a remarkable 70% approval rate alongside low APR and a lifetime 0% interest. Our primary objective is to assist individuals in cultivating a more secure and prosperous financial future. With over two decades of dedicated effort, our founder has meticulously crafted this product to cater to customers like yourself. His extensive experience has instilled in him the importance of being equipped to navigate the unpredictable nature of financial circumstances, and the Score MasterCard is precisely the tool needed to construct a solid foundation for your financial endeavours.

What forms of identification are deemed acceptable?

Any government-issued photo identification is deemed acceptable for identification purposes.

All forms of government-issued photo identification are deemed acceptable, including but not limited to, a valid and unexpired passport (UK or international), driving licenses or provisional driving licenses (UK or EU), proof of age cards with a PASS logo, such as Citizen Card or Young Scot card, and unexpired EU national identity cards.

Who are the individuals designated as your Sharia experts? Are your practices in accordance with Sharia law? Have you obtained a certificate of registration from a recognized authority?

We employ professionals well-versed in Sharia law, and you can find detailed information about them on our official website, https://souq.mrhb.network/product-detail?id=648e0ebf8cd2da001931aeaf

SOUQ NFT is a community-focused marketplace that is committed to facilitating the creation, collection, and trading of NFTs. Our platform benefits from the knowledge and guidance of Shariah experts, whose credentials can be verified at www.shariaexperts.com. We are pleased to announce that Shariah Experts Ltd has awarded a certificate to D&D Leasing UK Ltd for their product, Score Mastercard, on the 14th of May 2023. This certificate will remain valid until the 13th of May 2024.

 

What is the suggested timeframe for customers to observe improvements in their credit score after utilizing the Score Mastercard?

It is recommended to maintain consistent monthly usage for a period of 2 to 3 years and ensure timely payments in order to observe enhancements in your credit score.

What is the estimated timeframe for receiving my physical Score MasterCard subsequent to the completion of the application and card activation process?

The production and delivery of the physical card may take up to a maximum of two business weeks. This timeframe is necessary to complete the process of creating your profile, manufacturing the card, and dispatching it to your designated address.

What is the annual maintenance cost associated with the Score Mastercard?

The annual maintenance cost for the score MasterCard amounts to approximately £239.88 (£19.99 multiplied by 12). Nevertheless, for each successful referral of a friend or family member, you will receive a complimentary one-month subscription. This benefit will be automatically credited to your account upon the referral's successful completion and activation of their card.

Is it necessary for me to make a payment and settle my outstanding balance on a monthly basis?

Certainly. It is mandatory for you to make a monthly payment, although it is not necessary to fully settle your outstanding balance each month. However, we strongly advise that you clear your outstanding balance on a monthly basis in order to foster a favourable impact on your credit history. In the event of exceptional circumstances, we kindly request that you contact our support team, who will assist you in devising a suitable payment arrangement.

What distinguishes the score card from a high street credit card?

The Score card is a secure credit card that provides individuals with poor credit access to credit and the opportunity to establish or improve their credit rating. Unlike traditional banks that rely solely on credit ratings to determine eligibility for credit cards, the Score card considers additional factors such as the security deposit. This approach enables individuals with weaker credit profiles to gain entry into the credit market.

 

 

Tags: FAQ

Bill Dost

Written by Bill Dost