 What does a 649 fico score mean? |
| I found out my FICO score is 649. The worst thing in my credit report was I missed some payments on a credit card for 3 months about a year ago. Also, I had a lot of open accounts, but I don't ... |
|
 Bankruptcy? |
| My freind was made bankrupt about four months agao and i finding it hard to get a debit card he doesnt want an overdraft or anything he just want to be able to get his wages paid in and that has ... |
|
 I need help . my friend open a credit card in my named and she add her self as a authorize user .? |
| she apply thru the telephone she have used the card in her named and also made payments. i call the card company and close the account. but they are still want to charge me for the amount. they said ... |
|
 How bad is my credit? |
I know I could get my credit score but it costs money and many of you are knowledgeable enough to help me out for free!
I'm only 19 but I want to get a car loan soon. I am wondering ... |
|
 Help! The bailiffs are coming.? |
| I've offered what I can afford to pay but they rejected it so I've put it in writing and am waiting for a reply. If this doesn't work and they come to my home how are they allowed to ... |
|
 Which looks worse on a credit report? |
| Having open credit cards with no balance, or cancelling them before they expire?... |
|
 I've been trying to get an auto loan??? |
| I found the vehicle I want to purchase. I am 20 years old. I can comfortably afford the payments. I only have 2 credit cards, with a total of less than $600 owed. (lol) I have never financed a ... |
|
 Credit cards: Is it better to pay off the full balance or make payments? |
Say you had a balance of 500$ on your credit card. When the bill came, would it be better for your credit to pay off the 500$ right away, or make above the minimum payments?
One of my teachers ... |
|
 Should I tear my oldest credit card or just cancel it? |
| Hi, I have my oldest (first) card which helped me acquire a credit history. It is now an unsecured credit card with its own benefits (my credit history is solid). My financial institution that issued ... |
|
 I was wondering if anyone can help regarding a debt i have? |
| This debt is my only one, but the problem is the interest they charge, as it's really high, so basically whatever i pay pretty much goes to the interest, so it will take me forever to pay it off.... |
|
 How can I get a 15,000 loan without a credit check? |
| I took a $17,000 pay cut about a 2 years ago. My wife was using our credit cards for basic living expenses. Needless to say we got way behind, we have 2 in court trying to get a wage garnishment. I ... |
|
 My visa card intrest rate is 19%, am I getting ripped off? |
| luckily my limit is only $1200 but is this a high rate for todays market? what is your interest rate? Should I try to negotiate for a lower rate? if so, what do I say? have you ever done this? ok ... |
|
 What is the fastest way to remove a collection from equifax credit report? |
| Im in the process of getting a mortgage and all of a sudden this(collections) pops up on my Equifax credit file. I know it will hurt my score already. I need to know the best way to go about ... |
|
 What is the best starter credit card? |
i just need to build a little credit..
and don't say i don't need one!... |
|
 Hi.I ran out of money because of job loss..i don't have a good credit and am here in usa on work visa..help me |
| Iam here in usa on a work visa and i ran out of money because of job loss as the company is not doing well.I don't have good credit and also i have certain medical bills and other things to ... |
|
 Can i use my U.S.A credit card in INDIA , its a visa card ?? |
| or do i need to apply for any special credit cards which i can use both in INDIA and U.S.A..................... |
|
|  |
KMD3243 | What is the best credit card for me, I have very little credit? |
I am trying to get a credit card to start my credit, but so far I hve been denied by Capital One and Chase (Master Card.) I am a full time college student and I don't have a job on the books. I applied for student cards, the ones that required little or bad credit, but I was denied. I was told that they denied me because I don't have enough credit, according to a national credit report. But, I don't know how I am going to build credit if I can't get a credit card! If anyone knoes of a credit company that will give ma a card, please let me know! |
 |
 
Credit Guru
 |
This is one of the most common questions on this board.
How do I build/establish credit?
First off you need to be educated about how credit works in the U.S. Every credit decision a lender makes is driven by FICO credit scores. You can go to www.myfico.com and look in the Credit Education section to learn how FICO credit scores are determined. To build your credit you have to place positive credit items on your file that will report positively for 6-12 months minimum. If you want your credit to be in the Excellent category (FICO score 720+) then your goal should be to have 3-6 revolving accounts(dept. store, gas cards, Visa. etc.) and 1-2 installment loans(car, mortgage) that are reporting positively.
I would start out with a Bank of America or Wells Fargo secured Visa card. Both banks have great programs with low annual fees, low starting amounts ($300.00) and no junk fees. After 12 months of positive on time payments you will graduate to an unsecured status. Then you will probably be approved for other cards such as dept. store and gas cards.
P.S. Stay away from crap like entrustsystems.com. It is a major ripoff and DOES NOT HELP your credit. Also, most "pre paid" debit cards are a rip off for the consumer. Just get a checking account with a VISA debit card.
Good Luck |
|
VATreasures
|
If you are very responsible and your parents have good credit, you might ask your parents to put you on one of their credit cards. You can establish credit just by them using their credit card normally. Since you are on the account it will appear on your credit report. |
|
Rockstar
 |
As long as you can get by without credit, you are better. Don't use it except to buy a house, and even then if you don't have to, don't.
You can start by getting a loan from a starter loan company. They will charge you a high interest rate, but if you pay it off early, they will reduce or eliminate interest. They will explain all this to you when you get the loan. You can use things like a car, stereos, tv's etc as collateral.
What you do is, save up about $1500. Get a loan for $1200. pay the normal payment for about six months, then pay it off. Don't use your $1500 for anything and don't use the loan money for anything. Just pay it back. The reason I say to save the money up is that number one, that money grows interst in savings. Number two, you will be incurring finance charges evertime you get a loan. After you pay off a loan at the end of the six months, get another one. After you pay off your first one, you will have enough credit for a credit card. But, this time, get two loans for $1200 and do the same thing. You will need to get them on the same day, from two different companies. JUST MAKE SURE YOU DON"T SPEND THE MONEY...NO MATTER HOW TEMPTING. It's not really you're money. You really should only use the credit to buy a house. Using a credit card is using money you don't have. I know it's tough in college, cause you can't work as much and all your money goes to school, so how do you eat sometimes? What happens though is you use your credit card, and before you know it, your interest adds up and you can't afford to pay the minimum payment. I promise it's better to scrape everything you can together. Ask for help from family, friends, whatever. Be an entrepeneur!! |
|
renjana
|
Stop!!!You don't need the card..Just cut off them!!! Credit card will ruin your life.. |
|
Rebel Dragon
 |
Don't do it!!!! Worst mistake I ever made. Well, maybe that and my second wife... |
|
curious
 |
NONE!! |
|
pantress1
|
either get someone to cosign on a department store card or do a prepaid mastercard/visa |
|
theamishboy
|
you can get a card at www.entrustsystems.com/wow without any qualifications or credit checks and even if you are unbankable. this card will help you establish credit by tracking all of your non traditional re-occuring monthly bills such as cell phone, beepers, rent, electricity, cable etc. if you have bad credit, this can also help you improve your credit score. |
|
imbrue001
|
Get a job and they will start sending you pre-approved cc apps eventually. If you dont want to wait you can always take out a bank loan and pay it back in a month (rinse repeat). This will build up some credit. |
|
johnny b
|
i have the same problem i had a $600 weekly pay check and no credit here is what i did
1. apply for a small (co signed) loan $500-$1000 ish weather you need it or not, preferably a short term loan
2.pay it off when the bill arrives do not make double payments or pay ahead. (the reason is that the longer the time of pay return the better your credit is)
3. wait a few weeks after it is paid off and try to get a $500 credit line credit card if possible from the bank of which the loan was taken (credit unions are easier to get these from)
4.if still denied use a pre paid credit card for a few months then repeat step 3 it may take a while but if you need credit you have to start somewhere |
|
bjbeezup
|
I wouldn't get a credit card if you already have little credit. if you go over the balance of your credit card and are nto working to make payments you will be in debt for life... just don't get one. |
|
eric_704
|
Stay away from Capital One anyways. They still call about my mom and my mom has been dead for two years. I've had good luck with Discover. After you use it so much, you can get stuff back. They also have an online payment system which is extremely convenient. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 15 minutes(s) ago
| | | |
11 | 44 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
12 | 7 hour(s) ago
| | | |
12 | 8 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 11 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
12 | 2 day(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
