Ask Experts Questions for FREE Help !
Ask
    newparents2000's Avatar
    newparents2000 Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Jul 28, 2004, 11:41 AM
    Need Good Credit
    How does one built credit without having a credit card, house, etc? Does it help to have a secured credit card?
    Debt_Settlement's Avatar
    Debt_Settlement Posts: n/a, Reputation:
    Guest
    		  
    #2

    Aug 6, 2004, 02:44 PM
    Need Good Credit
    The best advice I have for you is to start small -- an unsecured credit card is one way. Another way is a department store charge card.

    One of the easiest is to ask a relative (a parent for example) to co-sign for you to get a small-balance department store charge card (Sears or Dillards are good). Buy something modest and then pay it off ahead of time. Be religious about making payments on time.

    Pretty soon, you will have a credit history and be able to get a loan in your own name with a co-signer.

    Credit is nice but be very careful. Credit is a trap that can swallow you up. You best best is to pay cash.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Here is another good one. [ 1 Answers ]

What PMS Really Stands For: 13. Psychotic Mood Shift 12. Pack My Stuff 11. Permanent Menstrual Syndrome

Good or bad? [ 19 Answers ]

So there is this guy at work who I get on with really well. We are always telling each other jokes and having a laugh. However, he has recently startd being overly nice. Everyday I come into work, he will shout hello and then follow with "you look very nice today" - it's really nice and made...

Looking for the good in all: [ 3 Answers ]

Hi Everyone, How can we find the good in others? Does religion help us to be kinder to others? What do you thinK? Take care, Hope12

Bad to Good Credit [ 1 Answers ]

I need help on trying to repair my wife and my credit. We went way into debt but just paid it all off. I have heard you need to have a credit card (secure or unsecure) and charge it monthly to build your credit score. We just came out of 32K of debt and afraid of credit cards. Some of our...

Too good, I know but... [ 1 Answers ]

Hi, I've seen the attached scheme since before email was big. It seems even more posible if you incorporate the internet as the attached message suggest. What I'd like to know if it is illegal and if it is then why. I didn't include the personal info of the people participating but you get...

View more questions Search