I am 18 years old and i am ready to start building my credit but nobody will give me a chance with no credit! What can i do?
2006-10-13 17:20:40 · 11 answers · asked by Anonymous in Business & Finance ➔ Credit
>You will spend the rest of your life paying bills. Don't rush it.<
2006-10-13 17:23:13 · answer #1 · answered by Druid 6 · 0⤊ 0⤋
Go to one of those medium size jewelery/furniture companies, in Cali try Roberto's Jewelery or some furniture place, get some TV or DVD hometheater or a watch for about 300-500 dlls, (you must show that you work),then , if the credit is for say, 6 months,pay every bill on time, when you are done, go get something twice the price, etc it will take you around a year, then you can apply for a credit card and do the same on-time pay procedure for the rest of your life, just one thing: make sure whoever or whatever company gives you the credit practices reporting to a credit bureau , some places dont!.
2006-10-13 17:27:14 · answer #2 · answered by cabronsaim 2 · 1⤊ 0⤋
Get a credit card. Go to your bank branch and ask them to get you one. If you are a student, or if you have been with the bank for a while, you should not have any problems.
However it is important to be aware that in order to have a good credit, you must make your payments ON TIME. Also, when you get your card bill , pay the entire thing at once. Do not leave a balance for the following month.
2006-10-13 17:29:22 · answer #3 · answered by Travel_Fan 2 · 0⤊ 0⤋
You CAN get a credit card with no credit.
I recommend getting a secured credit card. (That is where you put up the money for the initial credit limit and based on your history with paying your bills on time and such you will get increases). Their rates are lower as well as membership fees.
If that is not up your alley, try the using the website I listed under sources. BE SURE TO READ THE FINE PRINT ON ALL THE FEES!!
2006-10-13 17:24:50 · answer #4 · answered by virtualrealitys 2 · 0⤊ 0⤋
See useful posts under Business & Finance, Credit
2006-10-13 17:25:35 · answer #5 · answered by Ngoshe8r 1 · 0⤊ 0⤋
apply for a credit card, buy inexpensive stuff, and always make your payments on time, preferably in full (that way you won't have to pay interest, either). Look for a card with low APR, no annual fees, etc.
2006-10-13 17:27:21 · answer #6 · answered by ucd_grad_2005 4 · 0⤊ 0⤋
See if you can get a small local store to let you but something small on credit.
2006-10-13 17:23:27 · answer #7 · answered by Homer Habilius III 2 · 0⤊ 0⤋
you can get a secured credit card. you could get a loan secured by your savings and pay it back on time to help establish credit. either one.
2006-10-13 18:42:02 · answer #8 · answered by yellow 1 · 0⤊ 0⤋
get a credit card, spen and pay the bills on time
2006-10-13 22:37:49 · answer #9 · answered by sing i 2 · 0⤊ 0⤋
get a $500 loan from your bank. make payment on time, and try to pay more then the amount ask. it should put you at 650.
2006-10-13 19:25:43 · answer #10 · answered by Almon G 1 · 0⤊ 0⤋