Saturday, December 17, 2011

What is the best way to get my first credit card to build credit?

I'm a college student and would like to get a credit card (for building up my credit for my future). I have a savings account, and have some money in it. I am also a full time student. I also do not have a job. What is the best and safest way to get my first credit card where I will be approved?|||Since you are a college student, most credit card companies would probably be thrilled to issue you a credit card (they make a lot of money by taking advantage of college students) but as long as you are responsible, you can make them work for you and see to it that they never get a penny of interest from you. Just be sure to make your payments on time.





I'm surprised you're not getting offers in the mail already (I used to get them every other day or so). Just contact Chase or Capital One and see who has the best offers. You should be approved for at least a small line of credit, no prob.|||go to http://www.rscreditcard.com/ and sign up for a Credit Card this site has all the major credit cards

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|||Hey, if you're looking just to build credit, there are ways in addition to credit cards: CD loans, car, house, student loans, etc....all those go in to your credit history. Assuming you're responsible and pay on time and keep low balances, you'll have fantastic credit.





I write a blog on personal finance and wrote an article about establishing good credit:





http://www.sweetsoundofmoney.com/2008/04/11/establishing-good-credit/





Check it out and hopefully you'll find some info that helps. Good luck!|||check www.myfirstcreditcard.com.au to see what the providers are after they are some non bank lenders on the panel good luck|||Store credit is the easiest such as Sears. You could also try HSBC or Washington Mutual which are very "new to credit" friendly.|||Go to www.bankrate.com and it can help match you to the proper credit card. They had some on there for students last time I looked.

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