10 Yrs ago, my ex-wifes spending and my ignorance wrecked my credit, I have finally gotten it all off my record, and cannot get credit now for a lack of history. No history, No Credit, but ironically, No Credit, No way to build history.
2007-09-05 07:29:30 · 5 answers · asked by Chris 1 in Business & Finance ➔ Personal Finance
just think you are better off than 85% of the folks in this world == every other queston is from folks up to there ears in debt == well you will have to start off slow i am sure if you went to the back where your checking/savings account you could get a visa card through them -- and slowly build from there!!!
2007-09-05 07:36:15 · answer #1 · answered by Anonymous · 1⤊ 0⤋
First, make sure all the information on your credit report is accurate.
Second, try to pay off all or any accounts that are currently in collections or make payment arrangements with the creditor to pay off the balance monthly.
Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is over 50% of your total credit line.
Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.
Repairing your credit and improving your credit score is a slow process that takes time.
2007-09-05 14:41:20 · answer #2 · answered by twv23512655 2 · 1⤊ 0⤋
Try a secure credit card. You deposit money and they give you a credit limit to match the deposit. Use the card and pay it in full every month. After about 6 months, you can apply for a regular credit card.
Or you could go to your bank and take out a small personal loan for 6 month period. Pay that back in payments and that should start a credit history.
2007-09-05 14:37:12 · answer #3 · answered by bdancer222 7 · 1⤊ 0⤋
opening a checking and savings account are the most basic starting points, then try for a gasoline credit card - those are easier to get than a visa or a dept store credit card, then try and get a secured credit card - you have to put money on the account - like a gift card. It will take some time
2007-09-05 14:41:25 · answer #4 · answered by Anonymous · 1⤊ 0⤋
dont use credit!
2007-09-05 14:46:10 · answer #5 · answered by Happy to help 3 · 1⤊ 0⤋