Trying to get a Credit Card can anyone help?

Question

I was trying to get a credit card for the holiday spending(not that i really need it). But i was not approved by 2 different ones and was wondering if there is any trick to do that or if my mom cosigns would that help. But if she does that would still technically be in my name right so it help or hurts my credit not hers. Also when i check my credit report it wasnt able to why is that???

Answer 1

If your mom co-signs on a credit card it would be considered a joint account.
If you over utilize the account, make late payments, default on the account, etc., you would not only be hurting your credit but you would be equally be hurting hers as well.

There could be several reasons why you cant pull a credit report. It could be that you have never had credit before (if that is so then there is no file to pull).
If you have had credit before, your info could have ended up on someone elses file (the CRA's are far from even attempting to be accurate)
You may possibly have a split file where all of your info is in one file and there is a duplicate file that is blank. And when you try to pull your file it's trying to give you the blank one.
You may have simply entered your info incorrectly when requesting your report.

If you never had credit, you will have to build it up to have a file.
If you have had credit but cannot pull your file, you need to contact the CRA and discuss it with them.

At this time, but maybe for not much longer, you may still be able to take advantage of being an authorized user (AU). If you mom has credit card accounts that are in good standing, never had any lates, low utilization, have good history (at least older than 2-3 years old), etc., you might ask her to add you as an AU. If she will add you, she should ask/request they report the account(s) on your reports when she calls to add you.

If she does add you to one or more cards, you might then apply for a card when the AU cards start reporting on your credit reports.
If her accounts are not in good standing, she's had lates, over utilized the accounts, etc., it would do you no good at all to be added since they will hurt you more than help.

If she does sign up with you as a joint user, take excellent care of the use of the card. Try not make purchases over 20-30% of the credit limit. Try to pay the balance in full when you receive the statement, etc.
The best thing to do if you have a joint card with her is to rarely use it and only for small purchases when you do use it. Use that card as a springboard to other cards.

If she won't or can't add you as an AU to her existing cards but will open a joint card with you, after it starts reporting you might think about going to your bank or credit union and speaking to them about opening one or two secured cards.
If you are a student you might look at student credit cards since they are a little easier to get than non student cards.

Building / rebuilding credit is a slow process.
It is much harder to rebuild than it is to build so take excellent care of your future accounts.

Answer 2

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http://www.complete-debt-info.com/category/Citicards.html

Answer 3

It all depends on which ones you applied for if you are looking to stablish credit you will have to start at the low end of credit cards, check out www.fastcreditcardapprovals.com here you will find the righ fit for you, they have all major credit cards just look under poor/no credit section, GOOD, BAD OR NO CREDIT they have the right card for you.

Answer 4

See if there's a monetary employer on your section that grant you with a "secured" mastercard. this can be a mastercard that you prepay on the monetary employer and then use the money from the account and pay it decrease back into the account back. it would want to help to construct your credit status, notwithstanding the monetary employer received't lose any money.