I noticed that all applications for unsecured credit cards ask for your income details as well as any recurring payments like rent or alimony etc that you pay.
This does not seem, to me, to be a very good indication regarding the risk of the person not paying their balances off.
For example, students have their parents pay them some pocket money to cover for expenses, or a person might be working sporadically on consulting gigs that do not have a fixed monthly or yearly component.
My question is - from your experience, do you think not having a job almost automatically disqualifies you from getting unsecured credit cards?
Is it possible for people to get approved for unsecured credit cards if they don't hold (or have not held for some time) a job at the time of application?
Otherwise, I guess it might be asked so that the lender can find out your debt-to-income ratio and decide, along with your credit score, what type of features to give you?