 How to get a loan teenager? |
| im 16. have already graduated. have full time sales job and part time weekend job. i have enough money to afford a nice truck payment. how do i get a loan, when my parents have bad credit and cannot ... |
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 How should I go about raising my credit rating? |
| About 8 months ago, I applied for a credit card. I use it religiously about 3-5 times a month (usually about $20/month) so that I can raise my credit rating. I currently have Capital One so the APR ... |
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 Credit cards:? |
| Anyone have any more options for first timers? I have been trying to get one ( I have no credit at all) and have been denied by EVERYONE! I am losing hope! What do i do?... |
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 If my husband moves out of the country am I responsible for his credit card debt as well as mine? |
| I will need to divorce him soon and wonder if that is possible on 2 separate continents? He is crazy mind you, and is fleeing from all responsibility, both the debt he incurred while we were ... |
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 Are you criminally liable for defaulting on a credit card bill? |
| On my one credit card with a $10,500 limit, I missed a payment and the interest rate alone made me over the credit limit. Without moving in with parents I wouldn't have been able to get it paid. ... |
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 $ 10,000 loan needed A.S.A.P.!!!? |
| long story but i need a ten thousand dollar loan before the end of this month!?... |
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 What's the best credit card for a college student? |
| I'm looking for a good credit card with low annual and monthly payments and a decent APR. I would be using it mainly for bills and other living expenses.... |
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 HELP! I think I am being sued by a collection agency? |
| I just got the letter from their lawyers stating that might come after me and take me to court. It is an old SBC bill for $2800.00 from back in 2003, what happens if they sue me? What does a ... |
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 I have really really bad credit and i need a small business loan ? |
| is there any website that are legit and i can get a small business loan with really really bad credit and kinda fast too i need about 20,000 dollars please help ... |
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 Any ideas on how to pay off credit card debt fast? i will never get it paid off at the rate i am going? |
| i have some credit card debt.. i have great credit and dont want to ruin it but it seems that i will be paying till i am 90... i dont use them at all. but the balances i do have are taking forever to ... |
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 Pay pal...? |
| Your experience's? any good? reliable? thanks.... |
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| I'm in debt? |
| I just found out that my credit card went from 6% to 32% and I have a balance of 7000.00. I want to scream. I'm thinking of debt settlement through credit solutions, but they said it will affect ... |
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 Pre-Approved Credit Cards? |
| I’ve been wanting to get a CC for a little while but I had a mark on my credit 3 years ago, I paid off the debt in full but of course it haunts me still. I’ve applied for one CC and was denied, ... |
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 I need a $2000 loan. Any help? |
| i have good credit but it's new. I just started establishing it. So banks deny me for a claim. do you kjnow any good places to get large personal loans?... |
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Ashley | How do i prepare myself to get my first credit card? |
i just turned 18 and have no credit and have never applied for a credit card because I was told if i applied for alot of credit cards and got denied it would lower my credit score. So what should i do or have that would help my chances of getting approved?
Additional Details
ps.
i dont want a credit card for spending i want it only to build my credit so i can get a car soon. im not goign to put large amounts on it mabey only for gas here and there. i still live at home so i still have basically everything paid for me. im just looking into it for future purposes. so i dont mess it up while im still young. just need advice on what to watch out for and what not to do. i know i wont go crazy with it && i will always pay back what i owe on time. |
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winnie
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Start out with a store card. They're usually the easiest to get. Pretty much if you can show your income, you'll get one. Also, they usually have a pretty low limit, so you can't get in too much trouble. After you've had that for awhile, maybe 6 months to a year, with no late payments, you should be able to get a MC or Visa.
A bit of advice though, after you get one or two credit cards, you'll get tons of offers, and it's very tempting. Don't do it!!! Only get one or two major cards, and be very careful how you use them. Trust me, it sucks to have huge credit card bills! |
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Jon S
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1. Credit is not free money. If you wouldn't take out hard cash to buy whatever, don't take out your card. You have to pay it back eventually, and if you don't pay all back at the first CC bill, you'll be spending more than it would have cost with straight cash.
2. You build credit by paying your bills and properly managing the "credit" you are being given by the banks and CC companies.
3. Watch out for fees!!!!!! Some credit cards have yearly fees (basically membership fees). Some have huge late fees (like for not sending in your bill on time). Some have huge interest rates after initial low rates (you're paying rent on borrowed money). Some have all of the above.
4. Do you have steady enough income to cover all of your bills?
5. CREDIT /= FREE MONEY <--- emphasis
6. Get a credit card if you're ready and RESPONSIBLE (emphasis) enough to handle your finances in a manner that can protect your entire future credit. Good credit will allow you to by houses, cars, start businesses, get loans, get more credit, and whatnot. |
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Literary Genius
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Start looking at a calendar and dread every pay period. Go ahead and turn yourself on to a nice habit of burning your money and holding your hands over it, appreciating the warmth of your smelly flame. Do you like that feeling? Only difference is, having a credit card won't keep your hands warm. |
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Simple
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Don't buy what you cant afford. Just remember credit cards have to be paid back. If you have bad credit it will make your life more difficult in the long run.
Personal advice =) |
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Karen B
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If you really are determined to get a card which I would advise against.
Contact the bank you have your normal current account, they already have a relationship with you and are more likely to give you a card.
Make sure you pay the balance in full each month because your first card will have a high APR, also set up a direct debit to pay the balance for you so that you won't forget to make the payments, therefore no fees just watch the credit limit.
If the credit card has an annual fee don't go for it, its usually so you can earn extra points or bonuses each year, which at this stage you don't really need if your just trying to build up your credit score.
Its the applying for the credit card which lowers your score because the company does not report if you have been successful or not, just that you have attempted to get credit, but most companies can put two and two together if they see a search completed but no new credit, they can kind of guess you were declined |
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Donna N
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Rent something on a monthly basis to up your credit score. I advise not to get a credit card unless you can pay off the balance every month. The interest on them is high and even something you buy on sale is more than the regular price after the interest. Many people get into real debt using credit cards.♥ |
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Kim L
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Credit cards are the devil! But if you must have one, please limit yourself to just one for emergencies. It is so easy to mess up your credit if you are not careful. Please understand that many companies try to entice young people to sign credit card contracts. Please read all the fine print and details. There may be fees associated with some cards, as well as high APR interest that will compound each month if you do not pay. As a rule of thumb, DO NOT CHARGE MORE THAN YOU CAN AFFORD TO PAY BACK EACH MONTH. This will help you build credit without building debt. Keep in mind, having large amounts of outstanding debt will lower your score. The more credit you have taken, in the form of credit cards and loans, the less you will have available. Do not apply for a bunch of cards. Do some research into what types of rates you can get before applying. It is important to have a steady income when you apply. You can also get good rates for students, or first time credit. Please be very careful. That's the most important thing.
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Dazed and confused
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first try applying at local businesses like a tire store or co op or something local not national and then once that shows on your file other credit will be attracted to you |
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Phillip C
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prove you are responsible, know your limits don't spend what you don't have and better yet study up on how credit works possibly join a credit union |
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CBay
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Purchase a cellphone in your name and pay the bill monthly. Open a checking / savings account in your name. Make monthly withdrawls and deposits. In time this will help you get approved. |
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KT
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START OFF WITH A CREDIT CARD WITH A $500.00 LIMIT ( OR LESS), DO NOT GET ANOTHER ONE ( AND OFFERS WILL POUR IN ONCE YOU GET 1 ),AND KEEP YOUR PAYMENTS UP. AS TIME GOES BY YOU WILL KNOW WHEN TO ACQUIRE ANOTHER CARD THAT YOU CAN AFFORD. BOTH BILLS MUST BE PAID ON TIME.THIS ESTABLISHED YOUR CREDIT HISTORY. remember; you must stay strong and not accept other card offers no matter what until YOU are financially ready!!! good luck !! |
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Craig L
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You can get a parent to co-sign...if that's not possible, you can do searches online for "low limit" credit cards. A lot of C.C. companies go to colleges and hand them out.
Looking at it a different way, sometimes being denied credit is a whole lot better than actually getting it......It can be very dangerous. Use it wisely. |
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iblobic
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lmao why would u?!?! dey put u in debt fast. get a debit card its better it dosent let you keep buying stuff it stops when ur out of money.. unline a credit card lets u keep going & going never telling you when ur out of money. |
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mg
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join a local credit union...credit is based on term of membership...then apply for cards when you have at least some credit score |
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johnsontinaa
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i think you should instead of getting a credit CARD get a loan for something and before hand have a steady income and be prepared to make a payment each month, |
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