YOUNGSTER trying to get a credit card, and credit. HOW!?!?

Question

I am single mom, I want a credit card, I need a cell phone, I also want good credit so I can eventually get myself a car w/ payment plans. HOW DO I DO THIS? Which credit card companys are the best? I want to get one w/ good rates. I also want to get credit, how would I do that?

Answer 1

Be careful with credit and don't get in over your head, it's also good to pay off cards every month, since you are just starting out using credit you should also read this article about building credit, http://www.monitorbankrates.com/how-to-b...

Answer 2

First you may have to get a secured card then use it well so it will be switched to unsecured.  Building from the ground up is a slow process over time of usage and good payment history.

The same goes for the cell phone you may have to put down a deposit then pay on time and consistently.

If you have a checking account go to your bank and get a little loan and pay it off in like 6 months that will help too.  Small as in a couple of hundred dollars.

Answer 3

get pamphlets from local banks in your area, they list the cards they provide, check their individual interest rates to see which one yields the best interest rate, do this for a few banks then choose one...also make sure you choose one that has no annual fee... (that stuff is a big rip off)

you may even have to start off things with a secured cards but it's worth the sacrifice because that card can be made into a regular card, along with the deposit to be returned...it's well worth it.

So yeah, hope it helps.

Answer 4

There are so many companies offering credit cards, cell phones, & financing for a car. I can suggest an avenue you may want to look into. It's an online mall with over 1000 stores.  There is no fees involved to become a member to have your own mall to shop in. You can literally find a store (s) that offer credit cards, cell phones & financing for a car. Also there are stores which allow you to shop for cars as well.

The link is

http://www.mypowermall.com/biz/home/9024

Hope this information helps and if you have any specific questions email or call.

mike b

912-287-1153

[e-mail]

Answer 5

the best way to establish good credit is to use your card at least once a month and make sure to pay it off every month. be careful about charging more than you can comfortably pay off on your card...you will wind up with big debt and it will grow too fast due to high interest.