Whats a good way for a person like me who has no credit to get a credit card?

I have been applying for credits cards for a while online and stuff and it seems as if I cant get accepted and im guessing cause I have no credit history so I was just curious is there a website i can go to where there is credit cards that i can get accepted for. Maybe im just applying for the wrong credit cards. I basically want one cause I need to start establishing credit cause i just turned 22 and need to get going on that. Im sure there is a way to get a credit card for me cause everyone at one point doesnt have credit early in there life and they get credit cards. Do I need to establish credit first and if so how do I do that? I guess I just need a point in the right direction

With poor credit it become difficult for you to get a credit card. Then the lenders ask for some cosigner. But if you don't have like that you can try online and you will get one. Try to get some cards with low apr rate and some reward programs like cash back discount.Discover have some cards with 0% intro apr and also some rewards like 5% cash back on certain purchase.
To know more you can visit
http://www.creditcardbiz.blogspot.com

another way to start is by going into a bank and lets say taking out a small loan like maybe 500.00 (if you dont have the credit to do so see if a parent can cosign)put this money in account and then make the loan payments. Sometimes just the loan at a bank qualifies you for a credit card. As you make these small loan payments you are starting to develope a credit history. But if you have an account somewhere go in to the bank and talk to someone about personal loans and when you talk to a person in that department ask them about establishing credit and see what your options are, its a start and that is what those bank representatives are there for - use them!

You said ---basically want one cause I need to start establishing credit cause i just turned 22 and need to get going on that.

__________
First it may hurt you getting credit since you have already applied numerous times. My suggestion is to search much closer to home for your first card. Honestly you can establish credit with other than a credit card - that is a revolving line of credit on your credit report. Installment debit is another credit line which would be a loan and something your bank or credit union could help you establish. Also many apartment complexes and utility companies report to the credit bureaus.

I'm putting a link on here to about.com article on getting a credit card. There are more links on the website about what to look for in cards and how to manage them.

Just be careful and to be most conservative don't charge more in a month than you can pay at the end. Charge things you need to buy anyway like gas, food, etc. and then pay at the end of the month.

Do you have a bank account? If not open one to start establishing a record of handling money. Then ask your bank about their card and the requirements for it. Other sources as mentioned is that store cards are easier to get than some others - choose a store you already shop in regularly and instead of paying cash, charge your purchases and then pay them off when the bill comes in.

Good luck!
Credit beginners usually have but one question, which is, â€œHow do I get credit?â€ All the details about getting credit will follow, but the simple answer is, â€œApply for it.â€

Where to Apply For Credit
The best way for a beginner to get credit is by applying through a bank that specializes in credit cards for those who are just starting out. If you already have a checking or savings account, find out if your bank offers credit for people without a credit history. If the answer is yes, then youâ€™re in business. However, if the answer is no, there are two things you can do.

You can often obtain a department store credit card or an oil company credit card easier than a major credit card, like Visa or Mastercard. Be careful, though. These cards may be easy to get, but they also come with a higher cost.

The interest rate, which is essentially the cost of carrying a credit card balance from month to month, is higher on department store and oil company credit cards. On the bright side, having a positive history with one of these cards helps you qualify for a major credit card later on.

You can also apply for a secured credit card. With this type of credit card, you first make a deposit into an account. The amount of your deposit will be the credit limit on your credit card. Some secured credit cards will convert to non-secured cards after a certain period of positive credit history.

How Old Should You Be?
Although most people believe that you must be eighteen years old to obtain credit, technically this is not true. What these people are thinking about is the age of majority at which a person can legally sign a contract. This age, which varies by state, is usually 18. Teenagers under the age of majority can usually obtain store credit from certain stores that cater to them. However, major credit cards, like Visa and Mastercard typically do not offer credit to applicants that are underage.

What to Watch Out For
Avoid making several applications for credit. Each will show up on your credit report making it appear as if you are desperate for credit.

Be wary of credit card offers that guarantee approval regardless of your credit history. Offers like this are usually scams that end up costing much more than you spend.

Once you obtain a credit card, it will be important for you to use it wisely. Building Credit guides you through using credit responsibly.

Hello, credit cards aren't always the best way to go when trying to establish your credit, you car would go on your credit, an apartment or even a utility bill. However if that is the road you would like to take orchid bank has secured credit cards specifically for individuals with no or less than perfect credit. Another good bank would be first premier bank, they report to all three credit bureas and offer pretty reasonable intrest rates. Good luck and please whatever you do don't jack up your credit you'll regret it later.

Apart from no annual fee feature of the American Blue Express it also gives cash returns on specific purchases. Users of the American Blue Express also enjoy protection against fraud for online credit card transactions. This card tries to right the various wrong notions about the American Express credit cards, one of which is that it is a credit card only for rich or those who have money to keep a credit card.

Getting this card will also give you access to various other cards from American Express. American Express targets people of different styles and tastes. There is an appropriate American Express card for everybody in the family. The company also wants to target a niche market for credit cards, especially women and the youth. With this aim in mind, the American Blue Express was created.

The best thing to do is get a "secured" credit card. You can ask your bank if they offer such a card or check out Bank of America. They issues them online. In case you are not sure what a "secured" credit card is, it is just a credit card using your own money as the credit limit. Let's say you have $300 (the minimum required by Bank of America). You would put that money down as the credit you have to spend. It is like a debit card except it is seen as a credit card by the credit reporting agencies.

You will want to use the card and pay it off every month to build a credit history. You can get two or three such cards. Use them and pay them off each month for about 6 months. Then try to apply for a "real" credit card. I suggest Washington Mutual because they are super forward thinking and will most likely give you the lowest interest rate. They also have a great free service of showing your credit score on your online profile (I love WAMU).

Be carefull using your credit cards, there is a delicate balance to using credit and having the best possilbe credit score. Your credit rating will be the highest if you always make sure your balance is less than 50% of the credit limit. It is best to pay it off in full each month but if you do carry a balance make your payments on time. Also, your credit rating will be affected by the number of cards you have. It is probably best to have more than one but less than 5. Secondly, use the cards but pay them off each month. If you don't use the cards at all, your credit rating will not be great because there is no credit history. There is no moving of money and they look at that.

You can probably qualify for a store credit card, such as Target, now or after you've used your secured credit cards for about 6 months. Typically store credit cards have a rediculous interest rate. Don't use them if you intend to have a balance. Target gave me a card with a 25% APR, they are out of their mind!!! I only use it and pay it off immediately to build my credit rating and that is it.

Once your credit builds, go for cards that offer 9.99% or lower interest rate. I got one from WAMU at that rate.

Also, a car loan that you pay on time each month will really help improve your credit rating. Roadloans.com has been great to me. If you have good credit, don't accept any car loan for more than 8%.

Once you have awesome credit, you will have the negotiating power for great interest rates and access to amazing loans.

Lastly, when you apply for credit cards, make sure you delare that you are employed (even it is self employed) and that you make a substantial sum. They will NOT be calling your employer to check, but they want an idea of how much you make and that you will be able to pay your debt.

One last thing. Just so you know, if you mess up your credit by not paying on time and such, the only thing that can help improve it is time and start paying the bills on time. It will take seven to 10 years and it sucks. It took me 10 years to fix my credit that I screwed up when I was your age LOL but now it's excillent.

I hope this helps.

:)

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