Trying to get a credit card, but no credit. Anyone else?
01-29-2006, 10:16 PM
#12
1.0 BAR
Join Date: Nov 2005
Posts: 551
Re: Trying to get a credit card, but no credit. Anyone else?
man ---- credit cards i got one from capital one....i never recieved the card becuase it came in the mail and my mom threw it away which is a good thing becuase i dont owe any money. but like a month later i get a 68 dollar bill from that credit card and i was like ---- that i didnt buy anything..... i call them up and they tell me it was a sign up charge and then i didnt pay it so they fined me or whatever so i told them im not going to pay it and they said ok they will credit the account and cancel the card.....
01-29-2006, 10:41 PM
#13
0.0 BAR
Join Date: Feb 2003
Posts: 0
Re: Trying to get a credit card, but no credit. Anyone else?
Some places, like Sears, have a track record for handing out their inhouse credit cards to "shady" people with little, no, or slightly blemished credit. Makes it easy to build up a credit rating.
You can go to your bank, lay down a couple hundred dollars for a secured line of credit... means you've already paid for it, really. If you pay what you charge down faithfully (although the money is technically still yours) you eventually have the bank up your limit above the security deposit.
Lastly, if you have a big enough downpayment, you can get financing for all sorts of wierd ---- from cars to houses. The bank's logic is that either you pay the small amount of $ owed off, or they foreclose/repo, keep your deposit, and sell your property to break even or even to profit.
FYI, it is good to keep a continuous debt on the credit card, and make regular payments for a minimum of six months to establish basic low-end good credit. Don't go out and apply for 1001 credit cards, either, as too many inquiries looks bad on your credit as well.
You can go to your bank, lay down a couple hundred dollars for a secured line of credit... means you've already paid for it, really. If you pay what you charge down faithfully (although the money is technically still yours) you eventually have the bank up your limit above the security deposit.
Lastly, if you have a big enough downpayment, you can get financing for all sorts of wierd ---- from cars to houses. The bank's logic is that either you pay the small amount of $ owed off, or they foreclose/repo, keep your deposit, and sell your property to break even or even to profit.
FYI, it is good to keep a continuous debt on the credit card, and make regular payments for a minimum of six months to establish basic low-end good credit. Don't go out and apply for 1001 credit cards, either, as too many inquiries looks bad on your credit as well.
01-29-2006, 11:14 PM
#14
0.0 BAR
Join Date: Feb 2005
Posts: 0
Re: Trying to get a credit card, but no credit. Anyone else?
Originally Posted by Joseph Davis
Some places, like Sears, have a track record for handing out their inhouse credit cards to "shady" people with little, no, or slightly blemished credit. Makes it easy to build up a credit rating.
You can go to your bank, lay down a couple hundred dollars for a secured line of credit... means you've already paid for it, really. If you pay what you charge down faithfully (although the money is technically still yours) you eventually have the bank up your limit above the security deposit.
Lastly, if you have a big enough downpayment, you can get financing for all sorts of wierd ---- from cars to houses. The bank's logic is that either you pay the small amount of $ owed off, or they foreclose/repo, keep your deposit, and sell your property to break even or even to profit.
FYI, it is good to keep a continuous debt on the credit card, and make regular payments for a minimum of six months to establish basic low-end good credit. Don't go out and apply for 1001 credit cards, either, as too many inquiries looks bad on your credit as well.
You can go to your bank, lay down a couple hundred dollars for a secured line of credit... means you've already paid for it, really. If you pay what you charge down faithfully (although the money is technically still yours) you eventually have the bank up your limit above the security deposit.
Lastly, if you have a big enough downpayment, you can get financing for all sorts of wierd ---- from cars to houses. The bank's logic is that either you pay the small amount of $ owed off, or they foreclose/repo, keep your deposit, and sell your property to break even or even to profit.
FYI, it is good to keep a continuous debt on the credit card, and make regular payments for a minimum of six months to establish basic low-end good credit. Don't go out and apply for 1001 credit cards, either, as too many inquiries looks bad on your credit as well.
01-29-2006, 11:25 PM
#15
0.0 BAR
Join Date: Nov 2005
Posts: 0
Re: Trying to get a credit card, but no credit. Anyone else?
Just go to some retail store and get one of their cards. I got a Kays Jewelry card which I bough about 3 years of Christmas, birthdays, and my watch on. Start somewhere like that to build some credit.
01-30-2006, 07:57 AM
#16
1.5 BAR
Join Date: Dec 2002
Posts: 1,060
Re: Trying to get a credit card, but no credit. Anyone else?
Originally Posted by Joseph Davis
Some places, like Sears, have a track record for handing out their inhouse credit cards to "shady" people with little, no, or slightly blemished credit. Makes it easy to build up a credit rating.
You can go to your bank, lay down a couple hundred dollars for a secured line of credit... means you've already paid for it, really. If you pay what you charge down faithfully (although the money is technically still yours) you eventually have the bank up your limit above the security deposit.
Lastly, if you have a big enough downpayment, you can get financing for all sorts of wierd ---- from cars to houses. The bank's logic is that either you pay the small amount of $ owed off, or they foreclose/repo, keep your deposit, and sell your property to break even or even to profit.
FYI, it is good to keep a continuous debt on the credit card, and make regular payments for a minimum of six months to establish basic low-end good credit. Don't go out and apply for 1001 credit cards, either, as too many inquiries looks bad on your credit as well.
You can go to your bank, lay down a couple hundred dollars for a secured line of credit... means you've already paid for it, really. If you pay what you charge down faithfully (although the money is technically still yours) you eventually have the bank up your limit above the security deposit.
Lastly, if you have a big enough downpayment, you can get financing for all sorts of wierd ---- from cars to houses. The bank's logic is that either you pay the small amount of $ owed off, or they foreclose/repo, keep your deposit, and sell your property to break even or even to profit.
FYI, it is good to keep a continuous debt on the credit card, and make regular payments for a minimum of six months to establish basic low-end good credit. Don't go out and apply for 1001 credit cards, either, as too many inquiries looks bad on your credit as well.
01-30-2006, 08:08 AM
#17
3.0 BAR
Join Date: Mar 2003
Posts: 21,479
Re: Trying to get a credit card, but no credit. Anyone else?
www.providian.com or www.householdbank.com will give just about anybody a credit card, but be prepared to pay an annual fee and a high interest rate. No way around it really unless you get your name added to your parents card, but that doesn't help your credit. Get your own card, avoid the high interest rate by paying in full each month and in a year cancel that card so you don't have to pay the annual fee and apply for a better card with no annual fee. I could go on and on about credit and what you should or should not do, but I have to go to work
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01-30-2006, 08:28 AM
#18
0.0 BAR
Join Date: Dec 2003
Posts: 0
Re: Trying to get a credit card, but no credit. Anyone else?
Originally Posted by Whitey
I buy everything with my credit cards. The only difference is I pay off my bills each month so the credit card companies don't make a dime off of me. If your an idiot than you shouldn't own a credit card but if your not a complete smacked *** than credit cards are great
Mine's through Bank of America.. they approved me in seconds, but my ^wlfhitman tried signing up and they said hell naz to him
01-30-2006, 10:33 AM
#19
3.0 BAR
Join Date: Jan 2004
Posts: 5,708
Re: Trying to get a credit card, but no credit. Anyone else?
i have a student visa with wellsfargo and 2 other credit cards. nothing with high limits. which is good because id rack that bitch up in no time. and like JD said its good to keep a balance because it shows that you can pay ---- on a timely manner rather than paying it all at once. but to be honest with you, if i could go back i wouldnt get any damn credit cards. 
01-30-2006, 11:21 AM
#20
1.5 BAR
Join Date: Oct 2003
Posts: 1,454
Re: Trying to get a credit card, but no credit. Anyone else?
when i turned 18 i got mail from capital one and i filled out the application and recieved their credit card. So far it seems like the best one out there some of the lowest rates, really good ---- i would check them out, capitalone.com .
