get a credit card

applied and now we wait

I’m 21, and was always a strong believer in just not getting a credit card as it would lead me to debt. Only now am I realising that if I want to buy a home in the next few years (which I would very much like to do, circumstances allowing) I need to build up a credit rating.

All my bills are in other people’s names, as I was always too lazy to transfer them to my own once I became responsible for them, so I should probably get into gear on that as well. But I’ve just applied for a very basic credit card with my bank, hopefully I’m approved and can get started building good credit!

I’m 24 and have no credit. For someone who hopes to own property someday, I better get on the road to developing some.

Im 21 and I dont have a credit history. I’ve never had a credit card of any kind my phone is prepay, I’ve never taken out a loan or anything, and I dont have any bills in my name. No credit is worse than bad credit. Its really starting to frustrate me though because I dont get a approved for anything because I dont have a credit history but then if I never get approved for anything I cant build a credit history!! Im going to go to my bank next week to see what they can do for me.

I know a credit card isnt free money but its immediate money. I would like to know that even though I dont get paid for another week I can still pay to go to a workshop before the deadline, or I can go on a trip and have money (because they always fall right between pay periods).

Belly dance isnt cheap especially if you want to make a career of it, lol. I need credit!

I was tired of waiting for Markus to make an appointment to do this, so when he got home today I logged onto the internet banking, went through the selector, filled out the forms, talked him through the remainder of the application, and sent it off. We should hear back in about a week.

In addition, I spoke with a financially savvy friend and gather you build more good credit juju by not paying the whole thing off and making minimum payments instead, so hopefully we’ll be approved and can do just that. Fingers crossed.

my parents are going to look into buying me one! yay!! they say i’m acting more responsible!! so i might get one soon!!!

I’m 18 and I believe I’m very responsible I just want to get one to build up my credit & in case of an emergency. I won’t be all in debt in a few months lol. What do you think? Should I?

Because if not, please talk me out of it.

I’m 18 and I believe I’m very responsible I just want to get one to build up my credit & in case of an emergency. I won’t be all in debt in a few months lol. What do you think? Should I?

Because if not, please talk me out of it.

As previously mentioned in other financial goals, neither of us has ever had a credit card, preferring to save & buy the things we need outright. While this has been great for avoiding debt, it’s done diddlysquat for our credit rating, and we need to build that up if we’re ever to get a mortgage loan (plus it would be good to have a fallback option in an emergency).

I’ve done what I can with store-specific cards, paying them off right away, but we need a real credit card, and since Markus is the main winner of the bread and bringer of the bacon, this needs to be something he takes up with his bank. I’ve been suggesting it for a year or two, and it’s time to step up my nudging to a kind but firm push.

Hopefully he can drop by his branch and apply (with an add-on card for me) sometime before the end of the month, although I’m guessing that approval won’t be as easy as it once was. At least we have money coming in, aren’t in debt, and pay the bills on time – that’s got to count for something.

I need to build up a credit rating if I want to buy a house in the next few years so should get a credit card.

Am going on Moneysavingexpert.com later to see recommended ones.