Credit Report

Posts Tagged ‘credit report’

Best ways to build credit with no credit and a debit card?

A credit report site is unable produce my credit history because I had no credit even though I had a debit card issued by my bank for at least two years.

An almost unending stream of flow of credit card offers from Capital One, which I ignore. (I’m afraid that I would somehow misuse it in one way or another.)

I seem to have bad luck in getting jobs from school during the semester, either due to bad timing or looking in the wrong places.

I spent most of my checking on half the textbooks I bought from my college bookstore, none of which could be found online, except maybe in a marketplace.

Now I found out that I could save a great deal online on the other half of the books I need, for about half the price, Unfortunately, I don’t have enough in my checking, and I wanted to order my books asap, as the semester already started. (I was also afraid of losing my order.) Then there was this "bill me later" option and I thought, "Great, once my mom helps me deposit in a few days, I can pay by the end of the week!" And Wham! "Bill me later" was unable to process.

Feh. Bloody brilliant. And my mom was supposed to help me deposit today, er, well, yesterday

I apologize if there were a couple of points that didn’t seem to relate to this. The point is, how the heck am I supposed to build my credit if all the credit lenders would do is deny me or anybody in a similar situation? I’ve also heard that building credit is getting harder than before, especially those without credit like me. It’s seriously driving me insane.

I’ll thank you for your time. And please, don’t give all that "I am a lender" kind of crap. Nobody needs that.
It just seems to me that there have been some people who obviously doesn’t understand that I don’t like nonsense kind of answers, like the ones Mini and Oman posted. Please, don’t just post links. Explain them, personal experiences at best. Thank you.
Ted: You bring up a good point. Thanks! I haven’t really thought about it before, but now that I think about, it makes sense.

As to the credit card offers that I get (Capital One mostly, and Discovery, recently), would that be a good a idea to take up one of their offers? What do you guys think? Which card do you guys recommend for college kid like me, all school and no work?

Related Blogs

Is it a wise decision to consolidate credit card debt with a personal loan?

I recently graduated college and was unemployed for several months afterward. My savings, etc, quickly ran dry, and I began carrying a credit card balance to live. I’ve begun working (finally), but my credit card balance is quite high now. The interest rates on my two cards range from 11.9% to 16.9%.

I’ve just finished paying for my car, so I now own it outright. The resale value is fairly high. I think I can get a personal loan through my bank to pay off my credit cards, especially if I use my car as collateral, at a rate of 8.9%.

I’m sure these compound differently, but I just don’t know enough about it to compare the costs. So, three questions:

1 – Would it save me money (in interest) to pay off the higher interest credit card balances with a personal loan through my bank?

2 – Is it wise to use my car as collateral?

3 – Does a personal loan "look better" on a credit report, compared to credit cards with high balances?

Thanks in advance!

Related Blogs

Use a Gap Card to Build up Credit?

I did a Credit Report after being denied on a Personal Line of Credit to see that my Credit Score was considered "Poor." I was wondering- If you open store credit cards like Gap but NEVER use them will this help your Credit Score?

Or should you use like every month and pay it off?

Which Stores offer the BEST Credit Card Deals??

Related Blogs

Credit Repair – Credit Cards – Does the type of card make a difference?

I found a huge credit card directory… Does the credit card you apply for make a difference on your credit report?

If I apply for a poor credit credit card – http://www.affiliatetier.com/credit_repair/credit_cards.php – Would this effect my credit report?

If I apply for a really great credit card like American Express Blue: http://www.affiliatetier.com/credit_repair/credit_cards.php?review=23 – Would this look good on my credit report if I am approved? And would this look really bad on my report if I am denied compared to a poor credit credit card?

I have been reviewing all the credit cards: http://www.affiliatetier.com/credit_repair/credit_cards.php & found http://www.affiliatetier.com/credit_repair/credit_cards.php?review=23 to have an overall rating and benefit rating as the highest so far… I am scared to apply if I get turned down and it shows on my credit report as being turned down by a GOOD credit card…

Related Blogs

Who Has The Best Secured Credit Card?

I am attempting to reestablish my credit and improve my credit score. I don’t need a CC, but would like to get some positive history on my credit report. Who offers a legitimate secured card that also reports to the 3 FICO companies?

Related Blogs

How can I lower my credit card APR rate?

My APR on two of my cards is higher than 20%. I called the company and they will only lower each one by 1%. I checked my credit report and it’s excellent.

Related Blogs

How can I determine what the best(lowest) APR on a Credit Card is?

I have real bad credit I believe, because I even have a foreclosure in my credit report.I am now trying to find some kind of credit card offer that will let me borrow like 0.00, but I do not want it to have a terrible high interest rate nor a Deposit fee nor any other fee. I am trying to rebuild my credit because I only think that I will spend like .00 a month and try to pay it back in full the next month. I have tried to look into the many "Bad Credit" offers online, but I need some guidance as to what to do because I do not want to be cheated like many CC do as I have found out. What do you advice?

Related Blogs

how can i find the lowest rate for credit cards and wcich is the best one overall?

i need one to establish credit so that i can find out what my credit report is? thanks so much. answers are well needed at this point!!