I have a question i have no credit at all there is nothing on my credit report what is a good way to build my credit up to where can persay go in to any cell phone store and get a cell phone without a deposit and another question what are some good credit cards i can get to help me build it up
2006-12-06 18:36:25 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
i have applied with visa and mastercard and i dont get approved i have absolutely nothing on my credit it is blank
2006-12-06 18:44:41 · update #1
The ABC's of getting out of Debt. A book produced by the Rich Dad Poor Dad series. I think the author's name was Garrett not sure though. The book shows you the ins and outs of how the credit evaluator evaluated and thus give out credit scores.
2006-12-06 18:41:58 · answer #1 · answered by sean e 4 · 0⤊ 0⤋
Getting a credit card is one way to build your credit history - as it any other loan (mortgage, auto loans etc, though you will not get the best rates without any credit history).
The one card that you should consider is the Citi Platinum Select Mastercard. Citibank claims that they will accept applicants with no credit history. (check out the resources below).
Otherwise, get get a secured credit card from a bank. Make sure it reports to the three major credit bureaus Experian, TransUnion and Equifax.
Pay your bills on time and within 6 to 12 months, you should have established a decent history.
2006-12-07 10:39:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
get a mastercard or visa and pay the bills on time for 90 days.
2006-12-07 02:39:10 · answer #3 · answered by Norman 7 · 0⤊ 0⤋