James
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Getting one or two credit cards is a great way to build credit. It is important that you pay the balance EVERY month. This shows that you are a reliable purchaser. Caution: maxing out your cards, and not making payments will ruin your credit in a hurry. Trust me, I had great credit, until I went a little overboard on spending and then lost my job! |
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bugzaper
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go to college |
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fantasyman001
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man u got sell drugs yo get mad bling |
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xadralix
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First get a job if you dont have one. Apply for a credit card and pay on time every single time. |
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teamkimme
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Try getting a secured credit card at the bank. You must have a saving account with the same amount in it as the amount you want a credit card for. Your best bet is to start small $500.00. Charge a small amount each month and be sure to pay the bill in full each month. DON'T charge more than you can pay off. Another good one to apply for is a gas card, but always pay off the card when the bill arrives. Also try getting your own cell phone. You will also establish credit with the checking account, just make sure you keep it balance and don't have any over drafts. Get help in balancing the statement each month if you're not sure how. Your can build credit easily, just be sure to build positive credit, negative credit it very hard to overcome no matter how small. |
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eju006
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To build credit, you will need to acquire some debt and pay it off. That's the meaning of credit, knowing that you can get in debt and then pay it off. The easy way is to open a jewelry credit card, or a department store credit card and when you buy something makey monthly payments. |
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lynn
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Get an account at a credit union. Then get a loan for a small amount $250-$500 & make your payments on time.
They will report favorably to the credit bureaus & credit unions are much more personal than banks. You may want to get one major credit card, just don't use it.
You'll stay out of bedt & the loan won't be so large that you can't pay it. |
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Reaper King
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cell phone. if you don't already have one. you can use cell phone payment history to show your credit worthiness. since you're young and dont want to rack it up, cell phones enable you to show you are a responsible person, with something you'll actually need, and not get in debt. |
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ladyoh
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you can't build credit and stay out of debt, to build good credit pay on time pay more then require if possible be careful of credit cards and interest rates |
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ymcagimpy
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One way of doing this is sticking to one credit card ( VISA is usually the best). A bank credit card is even better if you can get one (like, MBNA Visa Card). Stick to that single credit card. Stay well below the credit allotment and make sure you can bring it to a zero balance within one billing period. Don't close it- keep it open. You will see your credit score go dramatically up. |
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Scott C
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Don't build your credit if you want to stay out of debt. Building your credit means getting loans and credit cards (i.e. debt).
Instead, use cash and you'll never be in debt!
Scott.... |
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ian6868
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if youre resonsible enough get a credit card
only use it on the things you would be doing daily with cash
(gas,food, any bills you might have)
pay it down every month just leaving a small balance over
and dont miss your payments!! |
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me101
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buy only what you need |
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dolphinchick
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Get a credit card and pay it off each month. Companies like Citibank etc have cards for students. Keep the limit low and just use it for gas or groceries, basic stuff you would pay cash for. Then make sure you have the money on hand at the end of the month to pay it off. That is how you bulid credit. Don't be late with payments and if you chose to start getting a lot of credit cards, becareful with them. If you cancel them all at once it is held against you in your credit report. |
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silent*scream
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Get a credit card, only spend what you can afford, pay off only some of the balance. More than minimum, but not the whole balance. If you pay off the whole balance every month it will not raise your credit. Also car payment paid on time raise your credit. The most important thing is never spend more than you can pay back. |
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Mariam
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well what I did was get a credit card, then I went out and bought something. I had the cash in my pocket, and paid it off right away!! If you are disceplined and pay whatever it is you bought right away this will build your credit. And doing this will help you stay out of debt! PLUS pay all your bills on time!! don't have any late fees!! This will always destroy your credit! Set aside money even if its only 20-30% of your check, AND DON'T TOUCH IT! that way if you have an emergency and need money you will have a little nest egg, to get to!
Hope this helps! =) |
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Wendi
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you can apply for a chase card and use it only for gas..........make sure to pay more than the monthly amout due!!!!! |
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Ms Phil
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Me too..What I did was as soon as I turned 18 I applied for a Citi Card..go to citicards.com and they have a special card for college students! It's really helpful and the trick is..only using it when you actually do have the cash for the item(s)..Good luck with that~ |
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hoothootwaa
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Get credit cards or a line of credit and use them but just make sure you pay the bills in time. |
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phil39560
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by paying off your debt in full each and every month on or before payment is due will get u an excellent credit rating which will come in real handy when u go to buy a car, house or make a loan... |
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fortuitousoppty
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Are you going to college. The student unions love new credit card applicants and you can open up a bank account with them. The interest is generally lower as well. The best way to keep up your credit is to never spend more than you can pay off by the end of the month. Creditors want to see a payment history that is never late and balances paid off. |
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4 strings
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the best way is buy something on credit,pay on time ,if you get a credit card,just use it a little,put it away,use it for emergencys,follow a strict budget and stick to it |
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eloriarl
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Best way to get credit for staring out would probably be to get yourself a secured credit card. Great for building credit, and your spending money that is yours - and not putting yourself into debt.
Don't take out loans, although yes they can build credit - you shouldn't have to pay the interest just to get credit. Credit is a tool, not something to put you into debt for.
Honestly, secured card is the way to go - then in a few years or even a year from now once youve secured a job etc, then maybe apply for a credit card. Pull your credit reports, and get an idea of what your score is. Head over to whogavemecredit.com to see what kind of card you can get. It's not an exact science, more like a guessing game - but it can lead you in a good direction.
Good luck! |
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anie
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See if you can get your parents to co-sign a credit card for you (or, if you can get one on your own, do that). Use it and pay it off quickly. This will help you to build credit. |
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chrome_rider
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Get a job. Apply for a store credit card and charge something you know you could pay cash for. Make the monthly payment on time every month until the charge is paid in full. Repeat. After you have completed this a couple of times apply for a credit card with your bank. Again same idea with charging and paying off. After about 18 months or so start using your charge card for all of your purchases but make sure you pay the balance in full each month.
Best of luck.
Food for thought; Make sure you pay yourself first every time you get paid. I always wondered what the meaning of that was. It means take out a certain percent of you pay say 20 to 30 percent and put it in saving and don't touch it for any thing or any one. Then when you have done this for a few years you may be able to buy your new car or house with cash. |
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thisiswhoiam84
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My advise would be to get a credit card through your local bank. Have a $100.00 limit, that way its not too much and you can pay it off and build a good re pore. Ive known many that have done this, and its worked fairly well. |
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................................
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put money in the bank . then take out a loan. pay the loan off. not early. on time. |
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Peggy K
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The best way to build credit is to get a steady job and keep it for more than a year. The longer you keep it the more your credit starts to build. Also buying cars, real estate and such will also build your credit. However, you should be carefull if you are planning to lease a car or buy a new home because if you cannot make payments on time your credit will go down.
Hope that helped! |
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Dancer3d
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Credit Unions are always more lenient then banks in my opinion. Join one and apply for a credit card. Keep the balance low something you know you can afford to pay back right away if you had to, even though you don't plan to. It is easy to go in debt and so hard to get out. You really should just get the one card and learn to budget and save so you don't need those cards. Because when all is going well your banks and creditors will love you and push more your way, but as soon as something unsuspected happens, they will harrass the mess out of you.
Use of caution and care. |
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