 How do you start building credit if you have absolutely none? |
I'm 22. I don't have any history of credit. (No credit cards, loans, etc... Nothing.)
My friends told me that they all started building credit by opening a student credit card ... |
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 Is there a gov't program to legally erase credit card debt/? |
| I received several calls that there is a gov't program to legally erase my credit card bill down to zero and they leave a number to call back but I never call them back because I'm scared ... |
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 What bank doesn't charge fees? |
Hello there,
I am looking for a bank that doesn't charge fees. Do you know any in San Mateo?
Thanks and have a great holidays,
Additional Details
Thanks guys, <... |
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 Does anyone know how i can get my hands on £30,000? |
| I have defaulted on payments recently because i couldnt find a job i now have a fairly good job and my mum also needs help i want to sort out my finanaces and help mum out at the same time i live in ... |
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 How to stop Debt collectors? |
| For one debt I owe approx 500$, last month I sent in 500$ wich was half my balance. I still have no income, and have told them that. What bothers me is the week after I sent in the 500 they called ... |
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 I am paying off my debts. Now what do I do to build up my credit?? ? |
| I have bad credit. I owed around $1400 in hospital bills. This week is my last week making payments. Starting next week, I will owe no money to anyone. Now what can I do to build up my credit? I ... |
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 Which is the best credit card to get these days? |
| I've started a new job and been told to use my own credit card for expenses. I want to keep it seperate from my own stuff. Where to start looking for the best?... |
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 Credit cards for teens? |
| Are there any credit cards for teens? I've already got a pre paid debit card which I pay for mjyself, but it doesn't help at all with my credit score. I have a steady source of income and ... |
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 Closing a credit card? |
| I have a few credit cards, 7 actually most of them i owe nothing on. they are the store ones, target, victoria secret, american eagle, old navy, kohls, jcpennys, and express. will it hurt my credit ... |
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 I want to get credit, how do i get a card? |
| I want to get a credit card to get credit. Of course every time i use it, im going to send the payment in THAT day so i don't do the opposite and ruin my credit. But im only 24, I don't own ... |
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 Serious!! pls advice? |
| can i be sue in court if i owe people money but i didn't sign any IOU. will i hav a crimminal record or will this affect my credit report??... |
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 Could i get this on ebay with a check? |
http://cgi.ebay.com/NEW-
i dont have my own checks with my name on it but i ... |
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 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 ... |
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 I have a £2K overdraft with Lloyds TSB which they want back by Nov 26th, 2007? |
| Hi, I have had an overdraft with Lloyds TSB for a few years now, totaling £2000. They now want to take it back on the 26th November, 2007. However, financially I am not able to pay it back right now ... |
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Jameson W | Should teens have their own credit cards? |
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whoknewthecolorcouldbeblue
 |
NO WAY, DO NOT GIVE A TEENAGER A CREDIT CARD!!!
Debit cards = yes. You should consider one of those prepaid cards, that way they don't have to carry cash around. You set the amount they can spend. And you can track their spending. You can be involved without it destroying ANYONE's credit score and without placing anyone in debt!!!
Teenagers do not have the knowledge to be responsible with a credit card. They don't know any better. Don't give a teenager a credit card! I repeat! Don't give a teenager a credit card!!!
:)
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Sanj
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They also need their own jobs |
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Kahlid Komar
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Yeah only if the parents taught the teens how to use the credit card responsibly and the card is in the teens name and he or she is paying the card. and has their own job. |
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ksw
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No way...I have a teenage son and I don't want him to have one until he at least has a job but even then, he should wait. Credit cards can be so dangerous. |
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Delta
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NO! |
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bdancer222
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No. Teens should learn the value of a dollar adn learn to save up for things they want, not run up credit card debt for toys. |
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Ray D
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If they have their own jobs and are responsible, yes. If it's just another thing they're leeching off mommy and daddy for, then no. |
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strawberrygal57
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well it is possible for teen to have credit cards so if your teen is responsible and you trust them with an economical enviroment they should be allowed to have 1 |
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jen
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if they have there own job |
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saved_astronaut
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NO! Absolutely NOT!!! if they default, then the parents get stuck paying it, especially if it's maxed out. I'd avoid this like the PLAGUE & RUN the other way as fast as I could. |
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dley00
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not unless there parents have no need for their children to learn the value of a dollar. That is part of the reason America is in so much trouble financially. Half of the adults in this country can't handle a credit card and people want to hand them out to children with no means to pay their debt. |
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K.C.
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If they are responsible and understand the overall meaning of credit and the good and bad that can come with it! |
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Classy Granny
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If you are a parent and want to teach your teen about the responsibility that comes with having a credit card, open one with a small limit like $500. When the bill comes and a payment is due, show them the amount of interest they will be paying if the bill isn't paid in full. I did this with my daughter. Somehow when the bill came for the great jeans she paid $60 for they didn't seem so great anymore. She learned to shop more wisely. |
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thesilentfool
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I'm a teen, which puts me, I guess, into a unique situation.
My opinion is yes, if they are around 14 and responsible enough to handle it. Of course this depends on both the parent and the teen, as well as their relationship.
The amount of money they get/earn per month should also be an issue. But in many ways it's useful to get to learn how to handle money at an early age, especially if you can do so in a properly controlled way.
That said, debit cards are a safer option. |
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alx1d@btinternet.com
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yes because theres loads of stuff i want and i cant get a job at the moment there so hard to get because of x-mas people need more cash and the credit crunch and id pay it back but it wont happen :/ |
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