Since I am 21 years old and have never had a credit card before, I don’t currently have any established credit. Instead, I typically receive the message could not verify your information or no credit history when I apply for a credit card. Avant recently extended a credit card offer to me, and I am in the middle of applying. It wants to know if I pay rent or if I own my own house. I continue to live with my parents and make no payments. What choices do I have in this situation?
If Avant is asking about rent or home ownership and you live with your parents, just be honest in your application. You can state that you don’t currently pay rent or own a home. Some credit cards for first-time applicants also consider other factors like income and employment. It might help to provide any other relevant financial information or proof of income. If you’re unsure, you can contact Avant’s customer service for guidance on filling out your application.