How do you establish credit?

Discussion in 'Credit Talk' started by Elizabeth, Jan 4, 2001.

  1. Elizabeth

    Elizabeth Guest

    i want to establish credit but no one will give me credit without already haveing credit can i get someone to give me credit?
     
  2. roni

    roni Well-Known Member

    RE: How do you establish credi

    Honey, you have to start out with a secured credit card when you have no credit or bad credit. A good choice would be Capital one secured (low deposits required) or First Consumers National Bank.

    roni
     
  3. newcomer2

    newcomer2 Guest

    RE: How do you establish credi

    or macy's try them first they are easy to get
     
  4. roni

    roni Well-Known Member

    RE: How do you establish credi

    Oh yeah. right. That's why they turned me down COLD.

    roni
     
  5. newcomer2

    newcomer2 Guest

    RE: How do you establish credi

    That's surprizing..
    I had a tone of inquires no credit at the time I applied .. Any they gave me a card . true it was 100 . but it was amazing considering no one at the time gave me anything ! Don't know about negative credit.. Elizabeths post stated that she had no credit.
     
  6. Momof3

    Momof3 Well-Known Member

    RE: How do you establish credi

    Yes your best bet would be a secured card, and Target is also easy to get as well.
     
  7. roni

    roni Well-Known Member

    RE: How do you establish credi

    They will probably give her one. I have negatives of course and they wont touch me. $100 is their standard.

    roni
     
  8. Michael

    Michael Guest

    RE: How do you establish credi

    Target/Mervyn's requires 1-2 trade lines with 6 months on them!

    Actually Mobil and Exxon are the easiest, but they too require at least 1 trade line for 4 months.
     
  9. sam

    sam Well-Known Member

    RE: How do you establish credi

    Macy's is easy to get. Make sure your residency is stable (1+ Years) Job is stable (1+ Years), and your telephone # is listed in the phone book, yes they will check, and maybe even call and ask for you.

    Expect $100-$200 credit limit. They will bump this to $500 in 3-4 months if you ask.

    Otherwise. Capital One will very likely approve you for $99 for $500 mastercard. Go apply to capitalone.com secured program, before you go to macy's. There's a very good reason for doing that.
     
  10. Myers

    Myers Guest

    RE: How do you establish credi

    It pisses me off that some creditors expect my number in the phone book. Why can't they just call?
     
  11. Ply

    Ply Guest

    Capital One

    I had paid charge off with Capital One before. Is it possible to apply with them again??
     
  12. Desmond

    Desmond Guest

    RE: Capital One

    I have a 3 year charge off with them in 2000 I applied online and they sent me a letter stating that I have a charge off with them am I will not be able to get their carf.
     

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