GETTING YOUR FIRST CREDIT CARD

If you have no established credit history may have trouble getting a first credit card, there are some options available: Enlisting credit repair companies like community credit repair will help you understand more.

• Apply for a gas station or retail store credit card. They tend to be easier to get, and making a few regular purchases and paying off your bill each month builds credit.
• Get a secured card. Secured credit cards are attached to a savings account, and carry a limit that’s based on the amount of money in the account, or a predetermined percentage of it.
• Find a cosigner. A parent or another relative with good credit can cosign a credit card with you. Both of you can use the card, and both are responsible if you don’t pay your bill.
• Become an authorized user. Ask someone you trust—and who trusts you—to add your name to an existing credit card. If this bill it paid regularly, it can help build your credit. On the other hand, though you generally won’t be responsible for all the debt on the card, late payments could affect your credit score.
• Enlisting credit repair companies like community credit repair will help you understand more.