2006-09-19 16:48:07 · 17 answers · asked by rebecca.pederson 1 in Business & Finance ➔ Credit
Try your local credit union, start real small $200.00 loan and work up
2006-09-19 16:53:03 · answer #1 · answered by Jeep Driver 5 · 0⤊ 1⤋
If you have a job and a bank account then save $500 and leave it in you account for a while and then go to your bank after a while and ask them to give you a credit card with a $500 line of credit, Tell them the can hold the $500 in you account as a guarantee. Once they have issued you a card pretty soon you will start getting offers for other credit cards..
ONE THING.. BEWARE about getting sucked into buying things on credit ... you will be a slave to the credit card companies all your life if you do. ONLY BUY what you can afford to pay for and in the long run you will be better off. ..
2006-09-19 19:05:36 · answer #2 · answered by MeInUSA 5 · 0⤊ 0⤋
There a few ways. And the majority of them require you to have a co-signer or pay a huge deposit. A co-signer is a great idea- you have a chance at taking a big step without paying a bunch in advance. Otherwise, but not exactly recommended, credit cards. Most will accept you and give you a 300 limit. Work with that and in no time you'll increase your credit enough to make larger purchases and apply for loans alone.
2006-09-19 16:54:02 · answer #3 · answered by Mike, Kate, Piper and Porter :) 3 · 0⤊ 0⤋
The question to you is how good are you with your money? I mean can you control you spending? If so then make a small purchase, like from Best Buy or some place like that and apply for the payment plan. Then if you don't miss any payments then move up to a bigger purchase and apply for credit on that. Just don't make the mistake of getting into the credit card traps, if at all possible stay away from them. If you do end up getting one then just use it for emergency only. Pay off asap.
2006-09-19 16:56:53 · answer #4 · answered by n1spshell 1 · 0⤊ 0⤋
Yes, establishing credit takes time and responsibility. Go to http://finance-girl.blogspot.com click "Building Credit From Scratch" on the right side.
2006-09-20 00:35:40 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Make a large cash deposit to your bank, ask for a loan with that depost as collateral. They will freeze your deposit so it can't be used for anything else. Take the loan and repay it in a month. Do it a few times. Then go to a different bank and apply for a real loan on your signature. Repay it in a month. Now go back to the first bank and withdraw your money and learn to invest it some place...learn to be your own bank. Getting your self in debt at 19 is not my first choice for any of my children so why would I advise you to do it. If you can pay it back, you can save it up.
2006-09-19 16:57:50 · answer #6 · answered by john d 3 · 1⤊ 1⤋
Try for small department store cards, that worked for me. I was told that Sears will decine you 3 to 4 times before accepting you too. And they did after 3 times, I wish they had not done that. Oh well, hind-sight is 20 20. I have ALOT of tools now.
2006-09-19 16:55:33 · answer #7 · answered by phusionx130 3 · 0⤊ 0⤋
get a gasoline card. Use it to buy your gas. Pay it off every month...That'll do it. Another way...If you live at home, ask your parents to put you on their credit card, but don't let them give you a card. That way, you build credit without building debt.
2006-09-19 16:59:04 · answer #8 · answered by Anonymous · 1⤊ 0⤋
Read some very effective credit tips and more on this site to help you with it
2006-09-19 16:50:52 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Yes, a good answer is to borrow money. But from who, how much, and can you pay it back? I suggest is try to get a loan from a loan company...an amount say for books, repair on your car, maybe even to pay off your bills...not knowing your financial situation...then pay it back with minimum payments, and if you can, pay back a little more at a time. In doing so, you will be refered to as a good customer...paying back on time, and complete to zero the amount in the time required.
2006-09-19 17:08:54 · answer #10 · answered by Anonymous · 0⤊ 0⤋
get a store card and be responsible with it that will boost your credit score and allow you to get a real card. Then stop using your store card because their interest is a rip off
2006-09-19 16:56:35 · answer #11 · answered by Big Daddy R 7 · 0⤊ 0⤋