so I dont have credit have yet. I am wondring what to do to get the best buy credit. and.or how much they would give u at first, what all would they do. would you have to put any down?
2007-04-19 13:54:42 · 5 answers · asked by Mandy 2 in Business & Finance ➔ Credit
I don't know, but the interest is ridiculous (19.24%). Apply at a local credit union first and get around 11.9%. If you get the best buy card for a special purchase with a special rate...don't use it for anything until that purchase is paid down and keep and eye on your deadline or you could end up paying the full interest amount.
2007-04-19 14:06:41 · answer #1 · answered by chuckyoufarley 6 · 0⤊ 0⤋
If you do not have any credit, then you just have to apply for a a card and see what happens. Do not apply for more than one card every 4-6 months.
Do you have a checking account? If not open a checking and savings account and deposit money each month.
After 6 months of that try for a store card like GAP, Limited, or some other clothing retailer.
Not sure of your age, talk to your parents. Work together. Are you mature enough for that. Be honest. If not then it is OK to wait a while, no hurry.
Go to nationalcity.com. Search Buxx. Read about the financial responsibility section, good info.
Good luck.
2007-04-19 23:39:27 · answer #2 · answered by Gatsby216 7 · 0⤊ 0⤋
If you have to get a Best Buy card, it will be easier to get just the store credit card with no VISA logo. Use that responsibly for about six months and you should have no problem getting a regular VISA from Best Buy or someone else.
2007-04-20 08:58:48 · answer #3 · answered by RG 2 · 0⤊ 0⤋
Yes there are other options.
I have a list of some good websites offering Credit Cards.Its a policy voilation of yahoo if i post any link here.
Just mail me at solidoffer11@yahoo.com with subjet- Credit Cards . I will send a link of best website where you can find best Credit Card offers,tips and resources.
Best wishes
2007-04-20 01:46:24 · answer #4 · answered by sam 1 · 0⤊ 0⤋
There are better options to help you build credit. Try Orchard Bank.
They have a low interest rate (14.90, good for a sub prime card), low annual fee, no hidden fees and if you manage your account properly, they give excellent credit limit increases. You can get more info on Orchard Bank at http://www.creditcardindex.org/orchardbank.html
2007-04-19 21:56:47 · answer #5 · answered by Matt 4 · 0⤊ 0⤋