I am 18 years old, I have no credit history. I am looking for a credit card so I can build my cred history. What are the best credit cards for individuals like myself? Thank you!
Hello I certainly am looking for a card that reports to all 3 bureaus. However I've seen cards saying they report to 4 more than once I've seen this. What is that. Are they going to fair isaac as well. This has me stumpt.
I have been working on improving my credit score, and have improved it by over 50 points. my current car loan was made with high interest rate (16) and i still have about 7-8,000 to pay on it. would it make more sense to take the credit card offer, and trade in my car? Or do i need to pay down on the existing loan? i want to get out of high payments...
I understand that credit score isn't necessarily based on income but here's my situation. I have about 16,000 in revolving debt with a 600 credit score. My yearly income has recently increased 10 fold which obviously improves my debt to income ratio. How long after this increase should I see improvements in my credit score and by how much. Also what triggers the credit bureaus that this increase in income has occurred?
I am trying to repair credit. I have enough money to establish a secure credit card without impacting my budget too much. I can also qualify (barely) for an unsecured card with excessive fees (billed to my available credit upon issue). So, I guess my question is...is there any difference in credit reporting between the two options? This will help me decide which route to go. I plan to use the card incidentally, only to show usage and increase my credit score.
