- This topic has 2 replies, 3 voices, and was last updated 10 years, 2 months ago by Anonymous.
- May 14, 2011 at 10:03 pm #214240AnonymousInactive
Im a 19 year old student who would like to start building credit. I have never had a credit card, so i would like some advice on which card would be the best for me. I would also like to know how i should pay the credit card cause some people tell me i should never pay in full, and others tell me to always pay in full. Im a little confused.
- May 19, 2011 at 11:31 am #281977AnonymousInactive
Any credit card will work. You should try for one with a very low interest rate. Always make your payments on time and you must send more than your minimum payment. Paying off your cards each month is the smartest way to hold a credit card, but sometimes leaving a small amount on the card that you pay off each month will help you increase your credit rating faster.
- May 22, 2011 at 8:09 pm #283181AnonymousInactive
If you do not have any credit, you will have to start with a secured credit card.
Go to the bank or credit union you do business with, ask them if they have a secured card, deposit $300-$500 into the account. Use the card each month for small purchases like gas or groceries. Make sure and pay the card off in full each month.
After a few months, ask the bank to convert the card to an unsecured card or apply for a unsecured card. Retail stores and gas cards are normally easier to get.
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