How can I build my credit?

Question

I have applied for many credit cards and have always been turned down due to no-credit. How am I supposed to build it if I no one will give me the chance?

Answer 1

you need to apply for a guaranteed approval card once you have a decent track record with that you will be able to apply for better cards. only charge what you can pay off at the end of the month you will build your credit in no time.

go to this site and hit the sub prime tab in the left corner there are several guaranteed approval cards to apply for

Answer 2

well, that's tough. Do you have a job? If you do, do you make enough money to buy a car? Some places will let you finance a car with a co-signer and you'll be making payments to build your credit. But you might not want to do that. If you are in college, typically credit card companies will solicit you business and make you offers. You can get a small credit line and make payments on time to build your credit. Try Capital One or Orchard Bank, they may give you credit.

Answer 3

Go to one of the credit card review sites and look for low/no credit credit cards.  Or, if you're a student look for a student card which can sometimes offer tuition assistance.

Answer 4

I had the same problem.  Here are the ones that accept no credit that will give you the chance.

orchardbank.com

householdbank.com

merrickbank.com (gave me a thousand limit)

shellcreditcard.com

Just sign up and they will show you the card thats right for you.

Answer 5

you can try the really crappy credit cards like imagine, premier bank, salute and there are some other ones out there. The fees are other things are ridiculous but they helped me rebuild my credit

Answer 6

Go open an account at your local credit union. They are generally more helpful, I have found. That's how I got my first one, and it's just straight credit, no crazy fees, etc...

Answer 7

establish a work history for at least 6 months to a year.then try to get a small personal loan and have a co signer with good credit  available. once you get the loan of its say 500. open a checking acount put the money in. dont sped any of it. let the loan pays it self off for  awhile. if your loan was 24 months. pay it off around a year or to 15 months. after you do that a few times your credit is established