#1
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establishing credit w/ out a job
i have a credit card that i use. that is all. what else can i do to establish my credit? i live outside usa, so phone/gas is not in the picture.
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#2
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Re: establishing credit w/ out a job
I would also like to know the best way to establish credit, I'm a college student and I dont have a job, I make money on poker, no credit card just a debit card. What is the best way for me to establish credit?
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#3
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Re: establishing credit w/ out a job
Go to CC web sites and apply. My guess is someone will give you a low limit.
Have Daddy cosign. |
#4
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Re: establishing credit w/ out a job
Borrow money, pay it back.
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#5
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Re: establishing credit w/ out a job
Its already been suggested that you get a credit card.. most offer them to college students, check around campus for flyers. Use it and pay it off each month, every six months ask for a credit line increase.
You can also deposit $500-$1000 in a bank CD. Ask the bank to give you a personal loan secured by the CD. Make your regular monthly payments higher than the minimum. |
#6
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Re: establishing credit w/ out a job
Ahh I kinda like that CD idea, I thought most CD's require something like a 5k minimum
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#7
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Re: establishing credit w/ out a job
[ QUOTE ]
I thought most CD's require something like a 5k minimum [/ QUOTE ] I just checked Citibank's web site, their minimum is $500. |
#8
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Re: establishing credit w/ out a job
Increase the limit on your CC.
Lawrence |
#9
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Re: establishing credit w/ out a job
Say I do get a credit card, and buy $200 worth of stuff the first week. Does the intrest only start if you dont pay it off after 1 month? Also can you hook up a credit card to your bank, so if you use your credit card for $200 then you can just transfer $200 from your bank to your credit card company online.
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#10
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Re: establishing credit w/ out a job
[ QUOTE ]
Does the intrest only start if you dont pay it off after 1 month? [/ QUOTE ] Most credit cards have a grace period, where if you pay off the full balance by the due date, you will not be charged any interest. [ QUOTE ] Also can you hook up a credit card to your bank, so if you use your credit card for $200 then you can just transfer $200 from your bank to your credit card company online [/ QUOTE ] Most credit cards can be payed online by transfering $$ from your bank account. |
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