i want to build my credit score… but i am new in the country and have no enough credit history.. what are the credit cards for me to start with specially in recession time?i live in san francisco Ca.
4 Comments Already
April 18th, 2010 @5:39 pm
The best honest recommendation I can make is to contact a bank that you like. Remember, you are becoming their customer.
Meet with one of their financial planners. Let them know about your goals and what you want to do. Chances are they can arrange for you to gain ground with your credit and they can make sure you are moving in the proper direction.
In Canada, Credit Cards are treated differently. In Canada, banks want all Canadians to own and use a credit card and to maintain a pay-back debt of 30% of your annual income minus taxes for a strong credit balance.
PS: A link was posted below from someone else. It is a scam, please do not use that link to ‘obtain a credit card’. It is not a legal organization or website and it is a scam to steal your money. I have reported them.
April 18th, 2010 @6:20 pm
Get a secured card and use it to pay all your expenses. When you get their bill just pay them in full each time.
This way you won’t pay any interests and your credit score will slowly go up.
April 18th, 2010 @6:29 pm
i think creditcardlocators can help you with what you need.they offer you an easy way to browse and compare over different types of credit cards to find the perfect match. Whether you are looking to rebuild your credit, have a new credit history or /and earn rewards and points. just google creditcardlocators for more info
Check at the different banks. If you are willing to apply for a secured card you may increase your chances.
With no credit history it is less likely you will be approved for a credit card.