Poor college student and need a credit card, what should I get?

Question

For Internet buying and stuff, will pay off every month. I don't believe in month-to-month debt.

Answer 1

take my advice kid. forget the credit card. Get a bank account and get a debit card, but forget the credit card. Theyre more trouble than theyre worth.

Answer 2

Ahh take it from me and the others...don't get yourself into debt now...the best way to stay out of credit card debt is to not get that first card...I have only ever had one credit card, and what started out as an emergency card 7 years ago is now a big hassle and I pay more in interest than I do in principle every month on this card...It's going to take me over 50 years and over 60 thousand dollars more in interest than my initial purchases to pay for what I didn't wait to get until I had cash.. if I just make monthly payments it will take that much time!. Scary huh?! Get a savings account, and a debit card, save up your money and wait on buying things till you have the COLD HARD CASH for it!! Take some experience from me and just don't do it. I didn't believe in month -to month debt but it happens. Worse case senario you give your parents cash and you let them buy what you need on the internet for you. Another great way to not spend unnecessarily is to wait a week to make a purchase you want to make, and if you still want or need it at the end of the week then go for it if you have the cash...college books are a different story, and if you need a credit card for that, take out a student loan instead, they at least wont charge you so much in interest, and it will be deferred until you've been out of school for 6 months. Good Luck!!!

Answer 3

Sometimes, you have to take risks to get ahead. In the corporate world, unfortunately, it's the credit card. Just make sure that you pay on time and notify the credit card company if you can't make a payment on time. Start with small amounts of credit ($200-250). IMAGINE CARDS, 1ST PREMIER BANK, CAPITAL ONE, AND ORCHARD BANK ARE GOOD STARTS for students. Try one at a time, once a month, until you get one. They all have participation fees, so much per year to have it, but that is what you will encounter. Also, Bank of America may give you one, if you have a checking account with them and you haven't been overdrawn. I know that some people are telling you not to get one. You have to really know yourself because they are very tempting to USE AND ABUSE. Try to also keep your balance to 35% of your credit limit. These tricks will help get your credit score in the 700's, which can be realistic, even for a poor, college student. The big problem is when you can't control your spending, which is why the many people answering you are probably in trouble with their creditors, including your local, state and federal governments!!!!

Answer 4

This is a great way to increase your credit. Another way to increase your credit is by getting a current account open, getting a Visa Electron card (if you don't already have one) and moving at least £600 into that account for at least six months. This will then enable you to move up to a Visa Debit card. It may sound like a lot of money but I have done this and it works, if you have savings just move £600 from one account to another then back again a couple days later. They don't care where the money comes from as long as it is going in each calender month. Even if you do £100 six times over the month. I know this sounds like a long way but it will pay off in the long run as credit reference agencies prefer if you have a Visa Debit as it shows you have good credit. Hope this helps you.

Answer 5

If you are poor you do not NEED to buy anything off the Internet and you a credit card is never NEEDED in-spite what many people think.

If you have the intelligence to NOT have month to month debt then you would not be poor or you are making some poor choices.

Save save save and life will only get better !!

Answer 6

I use first got my card as a student, having a credit card early Is good because It builds credit you just have to be discipline. This card is free with no hidden fees. When signing up you can get a free $50 by using my referral email link. All you have to do is sign up for the discover credit card. This is a card that will accept a wide range of people (including students with no credit) Here is the link if you are interested. https://www.discover.com/credit-cards/student/index.html?ICMPGN=HDR_ALLPS_CC_STUD_IT&mboxSession=1392577046699-143179 to get the $50 you have to email me at ross_linton@com cast.net and I will send you the referral email. If you sign up with the link above you will NOT receive a bonus.
Thanks!

Answer 7

Your better off with a checking or savings account.
But I am surprised that you can't get a credit card, from what I have read and see on TV News, credit card people are always giving them out at colleges.

Answer 8

U don't need a credit card, what u need is a job! u get a credit card and all u'll do is accumulate debt. we all say we're gonna pay it off right away but it never happens....

Answer 9

can you get a debit card. i would stay away from using credit cards as my "emergency fund" or my back up plan. cash is king. the minute you start racking up debt, something will happen. save cash, open a checking account and use the debit card.