Tay asked:
I just turned eighteen at the end of February, so I have limited credit history.
I was wondering what credit card is used for building credit, and would be the best choice for a person getting they’re first credit card.
Posts Tagged ‘credit history’
What credit card is best for a first credit card, and you have limited history?
Tuesday, February 23rd, 2010What credit card would you recommend for someone trying to re-establish good credit history?
Monday, February 22nd, 2010Tamborine asked:
I have decent credit but I had cancelled all my cards when trying to get out of debt. I am now free of all unsecured debt but I need to have a card so in the future I won’t be hurt by having no credit.
I’m thinking I want a card with no annual fee and a low APR. The card would only be used very occassionally and paid off immediately. I have no desire to repeat previous mistakes.
Does anyone have any recommendations for a good card for this purpose?
Okay, as I said, but everyone is skipping, is that I have decent credit. My credit score is 700.
When I got into trouble I went into debt consolidation right away BEFORE my credit got screwed up.
But I do appreciate those of you who are taking the time to answer.
What credit card to get at 18 and not a college student?
Monday, February 15th, 2010Bryce asked:
I always thought at 18 they love to give you credit cards, I’ve tried Capitol One, Chase, a QT credit card, and a Best Buy one. All deny due to no credit history. I obviously can’t get Credit history if they won’t let me have credit. I Work 2 jobs and just want to have one just in case and to actually build my credit. What’s going on and why do i keep getting denied?
Can a Loan Be a Help To Your Finances?
Thursday, July 3rd, 2008It’s a fact of life that at some point you will experience money problems that lead to debt; even though we feel this state of affairs has been forced upon us. All is not lost if you have acquired a bad credit score; help with a bad credit loan is always available. When finance is arranged under these circumstances, the loan can still be used in the same way any other type of loan.
A poor credit history can be from something as simple as accidentally missing a loan or credit card repayment to something more serious which may or may not have been done on purpose. Arranging a loan this way could actually help your credit rating. (more…)
Risks With Payday Loans
Monday, May 26th, 2008There aren’t many people that don’t need an occasional boost in income for a short period but we would prefer no to take out a loan for a small amount of money. One answer to this short term cash flow situation is a ‘payday loan‘ which is something that no longer requires you to have a checking account as proof of your worth. By understanding exactly how this works, it is easy to see why it’s such a popular form of loan and why so many people opt for it today. (more…)
Do You Have the Right Kind of Credit Loan?
Thursday, May 22nd, 2008One of the biggest causes of stress and marital breakup is financial debt. It’s not always a situation of our own creation. Even if you have a poor credit history all is not lost. However, there are many companies who will supply you with a bad credit loan.
If you have a situation where you need extra money there is always someone available to assist if you spend some time looking. Late or missed payments can often be the reason a person’s credit score has been lowered and these situations could be due to quite innocent oversights. Fortunately it is possible to rectify the situation. (more…)