Comments on: What is the best credit card for a first time user to credit?

By: Bill C

Bill C — Mon, 05 Jan 2009 11:56:59 +0000

cards.hotusa.org – try this one. You can compare different credit cards and choose the best one for you.
Some of them provide 0% interest rate for 12-18 months.
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By: wcnghj

wcnghj — Mon, 05 Jan 2009 11:11:59 +0000

If you have been with a certain bank or credit union, go there. They will give you a secured card(you deposit so much into a savings account incase you default.)

For example, they will take $300 and your credit limit will be $300. You do not get this $300 back and it will not make payments for you.

Please pay in full every month, that is the only way not to get in trouble…
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By: farahwonderland2005

farahwonderland2005 — Mon, 05 Jan 2009 10:26:59 +0000

Try Orchard Bank. You can apply on their website.
References :
http://www.orchardbank.com

By: nothingconstant

nothingconstant — Mon, 05 Jan 2009 09:59:59 +0000

Your apprehension on interest rates already worries me. If you want to build good credit and it is your first time, it isn't about the interest rate really…. it is about you paying it off religiously.

I have one credit card that I got in college. I use it every couple of months and pay it off accordingly.

Credit cards aren't about accruing debt.. their about establishing yourself in order to get a home or car loan eventually.
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By: Kevin A

Kevin A — Mon, 05 Jan 2009 09:10:59 +0000

You may have to build up to a real credit card. I had to do a prepaid credit card. It shows up on your credit report as a real card so it builds up your credit. I have capitol one now and as long as I pay my payment it is a low apr.
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