No Credit History?

Question

I was wondering if it is hard to get a Target Card. I'm 18, I have no credit history whatsoever, but I want to start building a credit history. I love target and know it would be a good store for me to have a card at. But since I have no credit history, should I even try applying for one or do you think I would just be rejected?

Answer 1

Maybe you'll be rejected.

but there's many other card on the web

Answer 2

You might want to try a different option for your first card, so you can try to build credit. Try to get like a student type card, where usually they give people with no credit cards easily, knowing they are young students with no credit history. Occasionally this involves a parent also being on the card. Another option is a secured card, which is a good way to build credit for a few months or a year. However, when I was 18 and had very little credit history I applied for a Macy's card and was approved. They just start you out with a very small limit, like $200.00. So, perhaps trying for a Target card would not be a complete waste of time. I say try it, worst that happens you are denied. Anywhere you're going to apply afterwards would know you are trying to build your credit anyhow, and it might work out. You can apply at their website or in the store.

Answer 3

If you have no credit whatsoever than it would be pointless to apply anywhere for a credit card. Unless you've had a bank account for at least a couple of years with steady activity than you could apply at that bank. That would be a way to start. I know some people start out early with a savings account. If that's not your case than you have another option. It's called a secured credit card. Basically you go into a bank and deposit an amount, say a few hundred dollars. You deposit that in the bank for about a year, the bank issues you a credit card for the limit of the amount you've deposited. That's the best way to start building up your credit. Make sure you are never late on your payments though. Good luck!

Answer 4

When you're starting out your credit history, it can become difficult to get a credit card. You may want to check with your bank and try applying for a student credit card or a secured credit card. Don't put too many inquiries on your credit because it will hurt your credit score. Inquiries usually fall off after I think 7 years. Also, getting declined for credit cards doesn't look good on your history either. I know Target is a great store, but I would consider other options if you are just starting out.

Answer 5

I don't know if they would accept you..but from my experience they probably wouldn't. But it wouldn't hurt to try. I had that same problem, I didn't have any credit history and I tried to apply for a Mervyn's card and I didn't get accepted..same thing at Victoria's Secret. I started getting preapproved credit cards by mail after I opened a checking's account at my bank and started putting money in it. I got accepted with the preapproved cards. Now I'm starting to build credit history.

Answer 6

Usually the store cards are more difficult to get. Start with a big bank card - something like CitiBank or Chase where they'll extend secured credit to you. Also, get a checking account with an atm/credit card and use it responsibly - this will built good credit over time.

Answer 7

Why do you want a credit history? Save up and pay cash. Having a credit card, loans, etc will only start you on a long and painful journey of debt. You don't need credit to buy a house. There are underwriters who will use a different scoring method than than your credit report. You don't want a car loan. Cars depreciate well before you have them paid off.

The borrower is slave to the lender.

Answer 8

Don't listen to these people posting that you don't need a credit card. You do, and you can tell they're just trolls cause they all link that daveramsey site. You need credit when you buy a home, car, etc. Even for school loans, so be wary of those replies, k?
Your best bet is to get a CC from your bank and build credit off of there.

Answer 9

Try getting a secured credit card, first. That would be the easiest route. It's a win/win situation.

You put about $200 on the card, and you make a purchase... Take two months to pay it back. If the purchase was $20, pay ten each month. With each ON TIME payment you make, you're making positive credit marks.

I hope that this helps.

Answer 10

Never get a CITI bank card. They block it every 48 hours to prevent fraud, then you must call them to get it reinstated, or wait until they call you at 8 am to ask you the previous 5 purchases that may have been made by yourself or your spouse. If you do not know the answers, card is shut off. Just as they discriminate against military personnel that must move often and will not allow them an active card unless they have proof of residence for the past year.

Answer 11

if they reject you saying you have no credit history then stop paying some bills, let them go to the collection egency, and then pay them off..there you will have a history...and even when you mess up your credit, you will get more credit card offers then you did before...