I mean I have nothing..no credit file..no nothing. My phone bill is under my husband's name. Well, I do have a checking and a saving account..that doesnt help at all.
I applied for some credit cards..1 is pending and the other 2 was denied within 30 seconds cos I don't have my credit file.
What should I do? I mean I don't have any cards or any loan..how am I gonna make payment to build up my score?
2007-08-17 12:33:06 · 7 answers · asked by verdalie 1 in Business & Finance ➔ Credit
I would suggest getting a secured card through your bank. Bank of America offers a partially secured card for $99 with a $500 limit. If your husband has good credit, he could add you to one of his credit cards and you will gain credit that way.
2007-08-17 12:37:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Secured credit cards are a great way to rebuild your credit. Most secured credit card companies require a deposit equal to the credit line your are seeking. Make sure they report your payment monthly to the major credit bureaus. Making your payments on time monthly will increase your credit rating. You will also get you deposit returned to you after one year, turning your secured credit card into a unsecured credit card.
2007-08-17 13:12:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
you will get authorized with out credit, yet you will get raped on pastime rates. Debit card won't help. Get a credit card, make the month-to-month funds in finished if in any respect attainable and shop a low debt to credit ratio. Get a parent to co-sign your first vehicle own loan. That way you are able to start to construct your credit with out the 20-30% pastime fee.
2016-12-15 18:20:26 · answer #3 · answered by cegla 4 · 0⤊ 0⤋
you can get some good credit cards with low apr and some reward programs and then buy the necessary things with this card and pay the bills on time. You can also try some reward cards they are good. All these will make your credit good.Discover has some cards with 0% intro apr rates and also some reward programs.
To know more you can visit
http://www.creditcardbiz.blogspot.com
2007-08-17 22:46:09 · answer #4 · answered by Anonymous · 0⤊ 1⤋
If you can, open an account at a department store. Buy one thing and pay as soon as you get the bill. Your credit score will increase with age..Youth is penalized because no one has any experience with them.
2007-08-17 12:52:57 · answer #5 · answered by Bibs 7 · 0⤊ 0⤋
How to improve my credit score? To find out specifically what you must do to raise your score, you can order your score report from all three national credit bureaus. In addition to your scoreyou still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs.
2007-08-18 00:41:16 · answer #6 · answered by David b 1 · 0⤊ 2⤋
Find very useful info and tips on getting and managing credit cards on http://creditcardmanager.credithelperhome.com
2007-08-18 04:16:55 · answer #7 · answered by meena 1 · 0⤊ 1⤋