why can't I get a credit card?

[Flipx99 5,000+ posts]

What about a secured (it's the same as a prepaid card right?) credit card, would something like this help me?

Secured isn't a bad way to go, but I'd try a store card first. My friend has a secured card and they charge him $7 to make a payment online and a monthly fee of $10, $90 setup fee, just crazy fees left and right.

Well that makes more sense. Still cannot believe you can get houses out there for less then what a new Cadillac costs.

Not everyone lives in a state where a shack costs $300k.

my first CC was with Capital one, they approve EVERYBODY. from there I got a CC through my bank and so on. Hardest card to get is American Express so if ur getting denied by them don't feel bad.

My first card was through capital one when I was 18.

I want the AmEx black card, but the annual fee is more than I make.

lol, oklahoma is one of the cheapest places to live in the u.s.
when you watch all those remodeling shows and "property virgins" on tlc, a 2 bedroom 1 bath goes for 400k where as here it's worth around 40k lol

Indeed! +1 on cheap housing.

 

[thegreatestpenn 5,000+ posts]

remember, CC companies WANT TO MAKE MONEY OFF YOU. people 18-22 are their target demographic in america (get u in debt and have u pay it the rest of your life). See if ur bank will approve u for one (I.e. go to the bank and talk to one of their financial officers). if u bank with someone they usually will give u a CC

 

[traksta15 10+ year member]

a store card like a jcpenney card? or a gas card?

 

[traksta15 10+ year member]

I know. It makes me feel bad for all of you.

lol you "live in a cage"

for real though, ok is cheap as hell. Gas is ~$2.40/gallon, a decent house goes for 40-50k. If you have a good job, it's cake living here.

 

[M Cook 10+ year member]

Try for a JCpennys or Sears card as well, they are normally easier to get than normal CC's.

This.

Sears is best, plus, you can get good rewards. Over the past year my parents have $700 in gift cards from sears for rewards pts. Plus, buying gas and groceries with it gives you 2x pts.

 

[Flipx99 5,000+ posts]

Don't even think about either of those.

What's wrong with a store card?

I bought my TV with a store card....3 years, no interest.

 

[Flipx99 5,000+ posts]

You already have established credit.

It would be easier to get credit from a store card vs. otherwise. And those secured cards fee you to death.

What he really needs to do is look at his credit report to see if he hasn't been identity thefted.

 

[traksta15 10+ year member]

so should I get a store card, or no? Paying it isn't a problem, getting it is the problem.

 

[duece212 5,000+ posts]

I've seen myfico give the reason for a lower score as "too many consumer finance accounts" so it appears too many store cards or lines of credit can hurt you where just a regular revolving credit card won't.

Once again though, its not always about the credit score, if you can get 0% deals somewhere for something you want/need its worth it.

 

[traksta15 10+ year member]

im going to check with my college and make sure my student loans are paid off, then check with at&t and make sure my old account was paid up in full once I closed it out. Those are the only 2 places i've ever borrowed money/given my social to. If there's a balance on it i'll just pay it off.

If I do have any old balances on my old loans/accounts and I pay them off, how long til it helps my credit score?

 

[duece212 5,000+ posts]

im going to check with my college and make sure my student loans are paid off, then check with at&t and make sure my old account was paid up in full once I closed it out. Those are the only 2 places i've ever borrowed money/given my social to. If there's a balance on it i'll just pay it off.
If I do have any old balances on my old loans/accounts and I pay them off, how long til it helps my credit score?

go to that site flip listed: annualcreditreport.com pull your reports and you will know where you stand and if you owe any money anywhere