Comments on: How to get first credit card? http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card Your Source for the Best Credit Card Deals Wed, 21 Jan 2009 01:04:59 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Greg S http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-656 Greg S Wed, 07 Jan 2009 07:03:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-656 Get a credit card, use it a few times a month, and pay it off every other time, and 3/4 the other half. Every two months call the credit card company and ask for credit line increase. Correct errors on your credit report. Your report must prove to the lender that he will get his money back. Some retail and gasoline credit cards are not revolving (do not carry a monthly balance) and sometimes are easier to obtain than regular cards. Over time they can help establish history. If you don't have a checking account, open one. You have very little credibility with lenders if you don't have at least a checking account and preferably a savings account as well. Just as importantly, be sure not to overdraw your bank account. Bouncing checks sends a signal to potential lenders that you can't manage your daily finances and are therefore not a good credit risk. With careful planning and a little knowledge of how lenders issue credit, you CAN establish a credit history fairly painlessly. There are many businesses waiting in line to take advantage of you by charging exorbitant fees or interest rates, so be careful out there. ----------------------------------------- http://www.bestcreditrates.net<br><b>References : </b><br> Get a credit card, use it a few times a month, and pay it off every other time, and 3/4 the other half. Every two months call the credit card company and ask for credit line increase. Correct errors on your credit report. Your report must prove to the lender that he will get his money back.
Some retail and gasoline credit cards are not revolving (do not carry a monthly balance) and sometimes are easier to obtain than regular cards. Over time they can help establish history. If you don't have a checking account, open one. You have very little credibility with lenders if you don't have at least a checking account and preferably a savings account as well. Just as importantly, be sure not to overdraw your bank account. Bouncing checks sends a signal to potential lenders that you can't manage your daily finances and are therefore not a good credit risk.
With careful planning and a little knowledge of how lenders issue credit, you CAN establish a credit history fairly painlessly. There are many businesses waiting in line to take advantage of you by charging exorbitant fees or interest rates, so be careful out there.

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http://www.bestcreditrates.net
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]]> By: mike h http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-655 mike h Wed, 07 Jan 2009 06:29:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-655 You can build your credit by just paying bills on time. You dont need to build your credit though most of the time. You need to have money to buy things. Credit cards just give you money to loan. CREDIT CARDS ARE EVIL!! If you dont believe me look at the rich getting richer and the poor getting poorer. The rich get richer because they save their money in a bank and accrue compounded interest. The poor get poorer because they borrow money and are charged interest. Most rich people have hardly any credit because they dont need credit due to the fact that they dont buy "stuff" that they cant pay cash for!<br><b>References : </b><br>www.daveramsey.com You can build your credit by just paying bills on time. You dont need to build your credit though most of the time. You need to have money to buy things. Credit cards just give you money to loan. CREDIT CARDS ARE EVIL!! If you dont believe me look at the rich getting richer and the poor getting poorer. The rich get richer because they save their money in a bank and accrue compounded interest. The poor get poorer because they borrow money and are charged interest. Most rich people have hardly any credit because they dont need credit due to the fact that they dont buy "stuff" that they cant pay cash for!
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http://www.daveramsey.com

]]> By: momonster http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-654 momonster Wed, 07 Jan 2009 06:21:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-654 Take a loan out from your bank and then pay it back slowly and consistantly over a years time.<br><b>References : </b><br> Take a loan out from your bank and then pay it back slowly and consistantly over a years time.
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]]> By: twitchymcspank http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-653 twitchymcspank Wed, 07 Jan 2009 05:52:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-653 Chase gave me my first credit card outside of my bank. But then that was after already having my bank credit card and a car payment, so you MAY need to build credit up. But try chase, you'll probably get approved for like 500. (I'm assuming you're 18 with no credit)<br><b>References : </b><br> Chase gave me my first credit card outside of my bank.

But then that was after already having my bank credit card and a car payment, so you MAY need to build credit up. But try chase, you'll probably get approved for like 500. (I'm assuming you're 18 with no credit)
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]]> By: fortunatef0o http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-652 fortunatef0o Wed, 07 Jan 2009 05:07:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-652 I'd suggest getting a gas card. Be very careful though. Only spend as much as you can pay back each month. I made the mistake of getting into debt thanks to credit cards. It took me years to get out. CREDIT CARDS ARE EVIL!<br><b>References : </b><br> I'd suggest getting a gas card.

Be very careful though. Only spend as much as you can pay back each month. I made the mistake of getting into debt thanks to credit cards.

It took me years to get out. CREDIT CARDS ARE EVIL!
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]]> By: Mark A http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-651 Mark A Wed, 07 Jan 2009 04:39:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-651 It should be really easy to get a credit card, everytime i go somewhere they ask me if i want one from them,,. Go to a jewelry store like tappers. I got my first one from there<br><b>References : </b><br> It should be really easy to get a credit card, everytime i go somewhere they ask me if i want one from them,,. Go to a jewelry store like tappers. I got my first one from there
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]]> By: Peacockgirl http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card/comment-page-1#comment-650 Peacockgirl Wed, 07 Jan 2009 04:29:59 +0000 http://www.icreditcardsource.com/first-credit-card/how-to-get-first-credit-card#comment-650 well, it depends on how old u are. the legal age to have a credit card in canada is 18. u can get a bank card, tho. i have one.<br><b>References : </b><br> well, it depends on how old u are. the legal age to have a credit card in canada is 18. u can get a bank card, tho. i have one.
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