co-sign for me. i do have a cell phone in my name. i just don't know what to do???? please help
2006-06-14 14:43:14 · 12 answers · asked by Anonymous in Business & Finance ➔ Credit
i don't have anyone at all to cosign.
2006-06-14 14:43:46 · update #1
when I was young, I opened a checking, savings and then got a department store card, which got the ball rolling. that said, be very careful with credit cards , it is WAY TO EASY to get into a deep pit of hell.
2006-06-14 14:47:54 · answer #1 · answered by jeffy 2 · 0⤊ 0⤋
You may want to do some research before you get into the world of credit to make sure you are not being overcharged. There are credit card companies that will charge you a low interest rate for the first 3-6 month and then it will double or triple and you should have read the fine print.
Also there are many companies, credit union and banks that will issue a secured credit card with a limit of $300-$500 dollars, but the catch is you have to have a savings account with the dollar amount in it for at least six month and it cannot ever fall below the secured amount. Use the card for gas or small items and pay it off completely each month and you will be on your way to building credit. Think of it as kind of a test that the creditor want to see what you are going to do with credit and not abuse it.
Good luck and try not to get too many cards!!
2006-06-21 19:43:46 · answer #2 · answered by mompls1 1 · 0⤊ 0⤋
Do you have a bank account? Put some money into a savings account. Then go to the bank and ask for a short term note, say 90 days. When you get the loan put it all in your savings account. Pay back all the principal and interest when the note comes due. This will establish your credit. The key is that you can't actually SPEND the money. It MUST be there to pay back the loan. Now that you have established credit you will be able to get a credit card.
Another route if you are a student (college-age) is to get a credit card from one of the offers which are available thru your college or university. These are readily available and the credit card companies love them because they know they will get paid by your parents if you don't pay.
2006-06-14 21:51:10 · answer #3 · answered by waney 3 · 0⤊ 0⤋
If you've even gotten turned down by Discover, try getting a Secured Credit card. Or, a good option is Capital One, which offers credit cards (with no deposits) for people with limited credit history. If you're in college, the college credit union should be able to help.
2006-06-14 22:35:09 · answer #4 · answered by ash 3 · 0⤊ 0⤋
I am a bill collector, and I will spare you the lecture of the evils of credit cards except to say do not, under any circumstance, charge more than you can pay off each month - or in two months at the most.
Having said that. There are banks all over that offer secured cards. You give them $300 to hold in an interest baring account and they give you a $300 credit limit.
I got my first card at Sears also.
2006-06-14 22:30:06 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Okay, you need to read a book called "The Total Money Makeover" by Dave Ramsey. I am 30, and I wish I would have read this book back before I got my first credit card. I wouldn't worry about getting a credit card right now anyway. But, I would read this book if I were you. It is a common sense way to look at finances, credit etc. This is the best piece of advice I can give you.
2006-06-14 21:50:35 · answer #6 · answered by Bored Girl 2 · 0⤊ 0⤋
Local jewelry stores and other local stores are your best bet. Also there is a company called Fingerhut that often gives credit to ppl that don't have a record of credit. Also there are car dealers that offer credit to ppl that have little or no credit, as long as you're employed. Also you could get a "secured" credit card,(where you actually are borrowing your own money that they keep on deposit)But it does help build your credit rating.
2006-06-14 21:49:41 · answer #7 · answered by ☼Jims Brain☼ 6 · 0⤊ 0⤋
Buy A House, don't mess around with credit cards they will just get you in trouble, After 3 years of paying on a home You will be
able to apply for credit anyware. stick to homes cars and mabe
a cell phone. Just stay away from the plastic. it will just get you into trouble. if you need a card your atm or debit card is a good alternative Just make sure to keep plenty of cash in the bank. If you would like to prequalify. send me an e-mail to my user name
cafe_blue_note@yahoo.com
2006-06-14 22:01:37 · answer #8 · answered by cafe_blue_note 3 · 0⤊ 0⤋
Try Sears. That was the card that they told us all to get when graduated college. They have a liberal acceptance policy and are a good place to start creating a credit history.
2006-06-14 21:46:35 · answer #9 · answered by Signilda 7 · 0⤊ 0⤋
Capital one is a good credit card.
2006-06-14 23:08:15 · answer #10 · answered by Great Gifts 4 Everyone 3 · 0⤊ 0⤋