I am 17 years old, I work full time and go to college full time. I have had a checking account for 1 year with a debit card at BOA, I have never overdrawn or had any issues with the account. I pay my own car payment as well as my insurance. I want an early start on earning great credit, where can I get a credit card at such a young age?
2007-03-28 17:05:02 · 7 answers · asked by liltdogg619 2 in Business & Finance ➔ Credit
you can't get a credit card if you're underage, unless you have a co-signer. 18 will come soon enough.
Be carefull with credit!!!! VERY VERY easy to spin out of control!
*pre-paid credit cards DO NOT affect your credit.
Credit is established so that banks, lenders, and sellers are willing to loan you money on large purchases (cars, homes, etc.), knowing that you are more likely than not to re-pay them. "Good credit" means that you pay your loans back in full and on time, but you don't really have "great" credit, until you establish a history through borrowing again and again.
That being said, a good credit score is earned over time. it is not a fast process. so... whether you get a credit card at 17, 18, 19, or 20.... it isn't going to make much of a difference. But you're working towards a goal that isn't necessary for years to come. don't sweat it! you're still a teenager!! ENJOY IT! Go to the mall!
2007-03-28 17:10:42 · answer #1 · answered by BellaJ_DDils 3 · 1⤊ 1⤋
You need to be legally 18 years of age. but you can apply for prepaid credit card.
A prepaid debit card is a great solution for a lot of people because the money you spend is your own and in most cases you cannot spend over the amount you have in your account.
This is a good solution for people who may have had difficulties with debt or bankruptcy in the past because a prepaid debit card is a great tool for developing invaluable financial management and budgeting skills.
A major bonus of some prepaid debit cards today is that during the sign-up process you are offered an opportunity to sign up for an additional service that will help you rebuild a bad credit history by having your monthly payments reported to one or more of the major credit reporting agencies.
Get a best prepaid credit card at: http://www.credit-card-gallery.com/PrePaid_Card.html
2007-03-29 00:57:56 · answer #2 · answered by abel jarrod 2 · 0⤊ 0⤋
You need to be legally 18 years of age. You can have your parent/s co-sign for a credit card for you.
2007-03-29 00:08:18 · answer #3 · answered by Sparkles 7 · 0⤊ 0⤋
At seventeen you are not legally allowed to enter into a contract yourself.
That being said:
Some banks have debit/credit cards.
There are some pre-pay credit cards.
And your parents could co-sign for one.
2007-03-29 00:09:44 · answer #4 · answered by thedavecorp 6 · 0⤊ 0⤋
You're playing with fire, man. I would advise against getting a credit card at 17.
2007-03-29 00:09:19 · answer #5 · answered by Retodd 3 · 0⤊ 0⤋
You can't get a credit card until you are 18, but you can get prepaid ones.
2007-03-29 00:08:05 · answer #6 · answered by bornlie 3 · 0⤊ 0⤋
I think you can pretty much get any credit card. Just go online and have them send you an application.
2007-03-29 00:10:57 · answer #7 · answered by sellatieeat 6 · 0⤊ 1⤋