2007-01-13 13:21:41 · 5 answers · asked by deemoe23 1 in Business & Finance ➔ Credit
Where? With who? For what?
Equity loans are much different than personal loans.
A general rule is to fill out a credit application for starters.
2007-01-13 13:33:25 · answer #1 · answered by pappy 6 · 0⤊ 0⤋
apply for a line of credit through your bank, or a bank. These are like loans, but you don't get the money until it's paid off. Think of it as saving! I had a $230 line of credit, paid $40/month, and then got the $230 after it was done. This can help build your credit! A lot! I wouldn't suggest a credit card, unless you have the will power to go with it. If you do, limit yourself to a $10 purchase per month, and pay $10 (pay it off) every month on time! This will get you up there!
2007-01-13 13:31:34 · answer #2 · answered by Jase 3 · 1⤊ 0⤋
First you have to have income to demonstrate your ability to repay the amount that you may want to barrow Beware of credit card companies. They are located in States that allow extremely high usury fees. They may start you off at a low rate but have a lot of ways to jack up rates so that your hooked for life. I'd go too a bank and start with a small loan that can be payed back easily.
Eventually you will need to apply for a credit card so that you can
make on-line transactions. Just don't let the amount borrowed exceed what you can pay off on the next statement. Failure to follow this advise will put you at high risk of falling into deep financial doo-doo.
2007-01-13 14:19:06 · answer #3 · answered by Del C 3 · 0⤊ 0⤋
A great idea is to source a loan for consolidation a personal loan, repay credit cards or any other debt by going online. The companies are in a competitive market at the moment and are offering soem great deals to fulfill your situation.
2007-01-13 18:56:43 · answer #4 · answered by SEO 3 · 0⤊ 0⤋
it's tough, trust me. here are some choices:
apply for a credit card
ask for someone to co-sign a card for you
become a co-applicant, not an authorized user (doesn't build credit)
take a secured loan by using your savings as collateral. pay it off monthly.
2007-01-14 09:49:04 · answer #5 · answered by Dan L 1 · 0⤊ 0⤋