Generally speaking, there are several classifications of credit requirements that are used to determine whether a consumer will be eligible to obtain a Gas Credit Card or not. These requirements can be summarized as follows:

• Excellent - Credit Cards requiring this type of credit are typically looking for the following requirements:
  • Consumers that have had a loan or a credit card for at least 5 years;
  • FICO scores of 680 or above;
  • Consumers that have a credit card limit exceeding $ 10,000;
  • Consumers that have never been more than 60 days late on a payment;
  • Consumers that have never declared bankruptcy

• Good - Credit Cards requiring this type of credit are typically looking for the following requirements:
  • FICO scores no lower than 620;
  • Typically, a perfect mortgage or rental history of payment

• Fair - Credit Cards requiring this type of credit are typically looking for the following requirements:
  • FICO scores no lower than 580;
  • Up to 2, 30 day late payments on mortgage or rental history in the past year;

• Limited Credit History - Credit cards vendors that will consider this type of candidate, are assuming the following criteria:
  • Consumer has had their own credit card for less than 3 years or has never had one;
  • Consumer has a limited credit history - student, young person, someone new to the country, or an authorized user on someone else's credit card;
  • Consumer has a valid credit score at one of the major credit reporting companies

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