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You still might be able to get added to your husband's credit cards, but the problem is that it may not work under the new scoring system. It would be easier to get credit on your own, I have a few simple tips that can help you:
1. Open a checking account- While opening the account doesn't directly build your credit, it does create a relationship between you and the bank by being an accountholder. Banks love to cater to their preferred customers that have accounts in great standing by offering loans and credit cards. Also, having a checking account not only helps manage your money, but it gives you the most powerful tool in building credit, a checking account to help pay your bills on time. Most banks and credit unions offer online banking with billpay that can make it easy for you to pay your bills on time, which is important in building credit.
2. Open a secured credit card- Secured credit cards are the easiest credit cards to get, mainly becuase a security deposit is placed upfront in order to establish a line of credit in the same amount. For example, if you deposit $250, your credit limit is $250, and so on. The deposit isn't used to pay for any of the purchsases on the card unless, it was charged off and sent to collections, so you would have to repay it just like a regular card either in full or minimum monthly payments. The deposit is sometimes linked to a savings account, so it earns interest while you're building credit, so the deposit isn't sitting there. You can think of this as building credit with a savings account. The more you deposit, the higher your limit, which is good for your score because it creates a cushion between the total debt you owe and the credit you have available. Also, by continuing to add to the deposit, you're also creating an emergency fund at the same time. A good way of using the card is by making small purchases ($20/month max) and paying on time every month while adding to the deposit. Usually after a year or so, the card either converts or upgrades to a regular card, and most importantly, the deposit is given back, which you can place in a savings account as an emergency fund.
3. Enroll with PRBC- PRBC is America's Alternative Credit Bureau, providing a helpful service to the over 50 million people with limited or no credit history. If you pay your monthly bills on time, PRBC can help you build credit to qualify for a mortgage and better interest rates.On-time payments for the following bills are not reported to the traditional credit bureaus:
Rent
Cable
Phone
Daycare
Insurance
Electric
Natural Gas
Cell Phone
The only time your payments for these bills are reported to the other credit bureaus is if they're missing or late.With PRBC, your on-time payments count. You build credit for paying your bills on time, even if you have no credit history. PRBC offers two simple ways to start building credit today. |
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♥I Love My Baby♂Boy♥
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try aplying for a first premier you have to pay for it but it jump starts your credit and yes it will help if he ads you as an authorized user on his cards just make sure never to be late on a payment!!! |
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Nappymonster
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I would recommend, when possible, to use your husband's good credit for you. But getting some small credit cards and making small purchases with them, so that you use it, but show them you are not a spendaholic, should begin to increase it. Not sure how long it takes though.
Nappymonster |
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TruThaiBoxer
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Open a credit card account and use it a few times but make sure not to be late on payments.
Open a savings and checking account at your local bank.
Make sure to pay loans, etc. on time.
Protect your identity so nobody can steal it and open accounts, credit cards, etc. There are blocks you can put on your social security #, credit cards, etc. so you are protected. |
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PermanentMarker
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What above poster said, but carry a small balance, like 15% of the card's limit. You will build credit faster. You can also get a revolving account at a store like Sears. Don't use it a lot, just a little bit to show that you can use credit responsibly.
edit: Someone who doesn't know much about credit is going through here thumbs-downing some very good answers. |
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shoty1054
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Make accounts like credt account and make sure to make your payments on time. im only 17 so i wouldnt know entirely about it |
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♥ Embracing Optical Freedom ♥
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Open a checking account, get a utility bill in your name, and get a small credit card with low interest. This will start you out :) |
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vaguy852
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GETTING ON YOUR HUSBANDS WOULD HELP ALSO GET ONE OR 2 SMALL CARDS AND PAY THEM OFF EVERY MONTH DONT CARRY A BALANCE |
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datsleather
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your better off with your own low card at around 300.00 pay it off and use it pay it off- then you'll see new better offers coming at you. |
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*****
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Apply for a secured credit card at your local bank , and pay your bills on time. After about a year, you may be eligible for a regular unsecured card. |
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nancygoldman@sbcglobal.net
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Start by keeping a steady job . Then apply for a gas card or a small local department store card . Pay your bills on time . You will be surprised how fast you will build up good credit. |
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Matt's Girl
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yes adding yourself as a co-signer on your husbands accounts definitely helps.....you can also go to your bank and get a secured credit card. they hold the money for whatever the term is and that is what your credit amount will be, when the term is over they refund you the money. |
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Jimmy
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If your husband adds you to his credit card, as long as you both pay the monthly bill on time you will actually start to get credit.
The best credit scores show that you have the ability to spend a lot of money, but you dont. Pay off the balance every month and don't become one of teh americans that have an average of $9200 in debt on their credit card.
Its easy, be careful, and take it slow.
Hope this helps.
PS
For example you have a credit card with a limit of $20,000 and your balance stays under $3,000 that actually increases your credit rating because it shows management skills.
Also stay with only ONE credit card company because if you keep switching to other cards because they offer good things it will look bad on your credit. The longer your with ONE company the better it looks. |
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A * T
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Yes your husband can help build your credit.
My Mom did for me by getting a card for one of her accounts with my name on it. It shows on your credit report as an approved user but the status effects your credit score. I have the opposite problem with my ex having me approved & he has bad credit & won't remove me from the card.
If you want to build it independently just get ONE card, keep it in good status & give it about a year then apply for a major one.
Good Luck |
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Beej
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You need to open an account at Sears, or Marshall Fields, or Kohls. After 4 or 5 months you'll get more junk mail from the major credit card companies than you'll know what to do with.
After you open a major credit card, cancel the other card/s. They're not good for your credit in the long run. |
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hillman
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start with an small loan and make sure to pay on time or ahead off time.Do not borrow money for something which does not make you money. |
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Anton van der Sans Titan
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get whatever card you can and PAY THE BILL ON TIME = improved credit |
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Mama Bear
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Yes, your husband can add you to his acct. and it will help. But the best thing to do is to buy an item, like at a furniture store or clothing store that has a credit dept. Pay it off in a timely manner... do this about 3 times. Then you will have built a good credit history. Make sure whatever store you use, is one that reports to the credit bureaus. Good luck |
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mdelhag@sbcglobal.net
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What you can do is get your husband to help you get cards by signing along with you or what you do is go out and get a loan and just put it in the bank so it adds intrest and just pay back the min. Or you find a secured credit card something that you give 200 or 300 dollars and they give you a secured credit card that will build your credit and after you make payments on time they give you back your money. |
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Pandoros
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get a card from CapitalOne!
http://www.capitalone.com/creditcards/products/10279/10/index.php?linkid=WWW_Z_Z_tg02a_CCOMP_C1_01_T_CP27910
they do specialty cards for those with no credit |
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pura_rosa
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No, if he adds you it will not help your credit, you need to get yourself a secure credit card (menaing that you must deposit the same amount as the limit on the card), you can get those from any bank with any problems (because they are secured by YOUR money), then spend wisely and pay on time for at least six months. |
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captcpsc
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I've found two things that help build credit fairly easy. A store credit card like Sears or Target or so. A low limit and then what you want to do is pay them off each month to avoid finance charges etc. I like just paying them when I am in the store next.(has to be a store you go to regurally). The next is a car. Almost everyone is approved for a used car loan. |
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Charles C
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you can go to a jewelery store get your self something nice give them a down payment like 50 bucks then Lil by Lil pay it of and that will give you credit. just don't be late on any payments it will show on your credit report. |
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questa_luvs_you
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heres what you do.open your bank account then take out a loan from the bank...like 500-1000$. . put that money in your bank account. Dont touch it. When the bill comes around, use that money to pay for the loan. So you arent using your money at all..Its easy. |
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young chillz
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get a job and a credit card and pay your bills u dig |
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