what is an easy way to get credit?

Question

I just turned 18 and I have a credit card that I pay off in full every month but I still don't have any credit. How can I get credit fast and easy.

Answer 1

If you have a credit card, then you have credit. If you are looking at building your credit history or raising your score, then it takes times. Nothing moves fast in the credit world or with the credit bureaus. Keep making payments on time and never go over your credit limit. You may want to carry a 25% balance of your credit limit. To establish credit, you must use it and prove you use it responsibly. Keeping your card at a zero balances shows you can pay it off every month. Carrying a balance shows you are responsible enough to manage excess credit.

You may want to get another card, but I do not recommend doing that. For some, getting more and more credit is like feeding meat to the wolves, one helping is not enough.

Answer 2

if you keep paying the credit card off in full every month your not getting any history on that card. you need to show that you can make monthly payments, thats how you get the history you need to show on your credit report. For example, this month say you charged $200 on you card. Take at least 3 months to pay it off.

Answer 3

Ask for a credit line increase. It's a quick, easy way to increase your amount of exisitng credit, and therefore raise your Fico score.

It takes time to establish a credit history, and multiple lines of credit, so you could also open a new credit card and pay it on time and always keep it open.

Over time, your credit score will rise, and your credit depth will grow, and you'll "have credit".

Learn about mortgage, credit, and finance:

http://www.thetruthaboutmortgage.com

Answer 4

good question.. not many can answer...

see the tips at icebergtips com under credit button

Answer 5

call 1-800-credit-card