I am a student with no credit. How can i start my own credit?

Question

I am a student with no credit. How can i start my own credit?

Answer 1

A credit card is a good place to start as long as you use it responsibly. Just remember to keep your balance low and make on time payments. This is the site that I found helpful. When you log on there is a panel on the left side, there is an options for student cards. Browse the offers and see which one you like the most and apply online. Good luck.

http://morecreditoptions.NewCreditApplic...

Answer 2

It's usually not too hard to start credit as a student. Many banks have Student Credit Cards, with limits from $300-$500. If you have a checking account, go to that bank and see what kind of services they have for students. If you don't have a checking account, that's a good place to start. Banks like to see that you have checking and/or savings accounts. It only takes $100 to start an account.

If, for some reason, you cannot open a student account, you can get yourself a secure credit card, where you make a deposit and get to use that card. Long term, secure cards are for poor credit, but it's a good place for anyone to start.

If you don't currently owe anything, PLENTY of companies are going to want your business. Remember, you are a customer. They aren't doing YOU a favor, you are making THEM money-so don't be afraid to be picky.

The main thing with credit is consistency. Pay on time. Pay more than the minimum and in 6 months time, you'll have a good base of credit.

Answer 3

The big question is do you have a part time job?  If you don't have a job, I don't think a credit card company will issue you a card without a parent co-signer. If you have a part time job, it is possible to get a student credit card with a small credit limit.

Answer 4

bank of america has credit cards for students and has no anual fee and also has 0%apr for 12 months. and it will help you start your credit. payments of like $15 a month.

Answer 5

get a credit card // keep timely payments //