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Hello everyone! I would like to ask a question about credit...Well, I have no credit whatsoever.?*

And I would like to start building up my credit but how? Ive applied to credit card accounts with chase, victorias secret, macys etc. but was denied because of not having any credit Is there any other way where I can at least try to build my credit up?

Answers:

1) With the new credit cards laws in effect, it is now much more difficult to obtain a credit card if you are under the age of 21. You can get a card if you can provide documented proof of income and/or have a parent co-sign the account with you. . If you have already been declined, you will have to start building a credit history with secured credit. Go to the bank or credit union you do business with and find out if they offer a secured card, open a account with $200-$500, and use the card each month for small purchases (a tank of gas, groceries), making sure to pay the card off in full each month, after a year or so, see if they can convert the card to an unsecured card. You can also open a savings account and save until you have $1000. Tell the bank you want a secured loan against the account. Set it up to be repaid within 12 months. Make your payments on time every time. At that time you will be well on the way to establishing her credit rating, it will take 24 months of consistent on-time payments to build a good credit rating.

2) Try using your parents as a co signer if you are under 21. Try applying at Walmart. Thats my 2nd credit card and my limit is $700 but I don't use it that much.You could also get a prepaid credit card but those don't report to the credit bureau.

3) http://credit.about.com

4) Have someone with credit history get a card and list you as joint. NOT an authorized user. When you are a joint account holder it goes on your credit report and helps build it up. once you have that established for a little while you can go off and get your own.

5) You really, really need to quit applying for credit. You are simply not going to get approved with no credit history. No one is willing to take the chance. Additionally you are lowering your score each time you apply for new credit. You need to get a secured credit card. You pay an amount upfront and that is your credit limit. The bank will hold that amount and after about a year will review your account and see if you can convert to unsecured. After having a secured card or two for a year, you will be able to get other credit. (assuming you handle it well). There is also a no credit check jewelry store that will give credit but you should be forewarned the jewelry isn't the best but it is worth it to get some good credit line going. You can read more on the options here: http://www.comebackcredit.com/no-credit-credit-cards/

6) you have to be on your job for three year the same. Now wait six month before trying again always use the same and correct amount of money, job status, place to live.this show stability. there are places that have student credit card. make phone calls and ask question at account serve boot in store like jc penney. also it would be wise to visit the local college. when they have job fair. they may have more Information on your student credit card. you must have a student id so,enroll in one class like typing this can be done online.

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