I am kind of new and had a question on the best way to start creating good credit.
I've been dealt a crazy hand in the world of credit. I have hardly any credit, and the little credit I had went delinquent because of a frustrating scam company. I am going to contact the 3 credit bureaus and report this incident to see if they can remove it, and in the meantime, I am trying everything I can to at least get some decent credit going.
After I get that taken care of, I would at least like to improve my credit as much as possible. I have a car that is financed with a bank that has been reporting my credit for over a year with a cosigner and payments were made on time for at least 16 months (not 1 late payment).
I am thinking about getting a secured credit as well to pay for small things like gas, food, etc, and pay the balance on time for that as well.
The issue I am running into is finding the right card. I have done my research somewhat online, but there are a ton of cards out there. I would prefer a good card that:
- Reports to all three major credit bureaus
- Possibly waive the application fee
- Possibly a 0.00 annual fee (but I know usually this is not the case)
- A good secured credit for someone starting out to get their credit in order (nothing too fancy, I'm just using it for basic purchases).
Thanks if you guys can help