how do i establish credit at 17? some people say i need a credit card.?

Question

can i get a credit card at 17?

Answer 1

No matter what your age, a great credit record really comes after being given a sizeable loan like a car loan or home loan and making payments on it regularly. A credit card alone won't improve your FICO score that much...it is better than nothing.
At your age, if you want a good FICO score, you could have your name added to your parents' credit card account. This way you kinda inherit their credit score. Of course, the catch is, your parents must have good credit and you should not abuse that credit card.
By the way, there are ways that your FICO score will go down (besides the obvious way of not paying your monthly loan or credit card payments). For example, multiple credit checks in a year, canceling credit cards, and opening too many credit cards in a short period of time.
(For more information, check out Suze Orman. She's great for all of this kind of basic financial questions.)

Answer 2

I might open a bank account whilst you flip 18 and follow for an extremely low restrict ($500) card from the financial institution you're with. They are not too tough to get when you have a bit of bit to your account stored up. However, I do not trust "Jinny"s reply.... I might NOT use it at all times, constantly pay your fees on time, and DON'T use your mum and dad credit score to get a better restrict in your card.... seems like a first-class inspiration, however that is the way you get off to a nasty, dangerous begin. Start with a low restrict, and use it a bit of bit. Only use it for what you already know you'll be able to pay again on the finish of the month. Pay off the whole stability each and every month, you do not get charged curiosity then, and it appears first-class for you!! Good good fortune, desire that is helping!!

Answer 3

You can't. You must be 18 to enter into a binding contract. Once you turn 18 you can start.

Be careful though! There will be dozens of companies trying to lock you in for life with high fees and low payments. Use your head and manage your credit; do NOT let it manage you!