What is a credit card?

No one will give me a credit card, I need to establish credit what can I do?

  • To start off I live in Ontario,Canada. I went to my bank to thinking there would not be a problem with them issuing me out a credit card but they told me because I have no other credit cards and have completely no credit that they could not give me one. I personally think it's because I am a homemaker at this time *9 months pregnant on maternity/parental leave* So I tried at other places to see if I could get a credit card else where..again they tell me I have know credit so they can not give me a credit card. I did try to explain that I am trying to establish credit and I need to start somewhere I'm expecting a low amount on the credit card...does anyone know what I can do or where I can go to get a credit card. My fiance and I want to get a house in a few years and I want to have good credit by that time. Could any one help me.. Thank you in advance!

  • Answer:

    secured credit card is the way to start .. mbna or capital 1 are the best

Abhishek S at Yahoo! Answers Visit the source

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Other answers

I don't believe in credit cards, I think they have ruined to many lives. I built my credit by buying a car, and my credit was well enough from that to get a house.

Freedom!

Yeah, get a $200.00 secured credit card, anywhere...use it for 6 months pay it each month in full, in 6 months get another..and you will be off and running....your story doesn't state how you plan on paying this back each month though....

Rarri

Best cheapest way to establish credit is a secured bank loan pay off over 7 months and repeat. Getting a CC to start your file is stupid

Calvin C

Get a secured credit card... Capital one.

Ms Fat

If your fiance has a job he could get one... But unless you have a job no will give you a credit card..cause there would be no way for you to pay it back..

Candy

You need sufficient income to get a credit card I want you to google several local banks followed by the words: Secured Card See if you can qualify for one of these without a job You will deposit about 300 into an account and get a debit card to use against it Follow the rules to develop good credit: Never use more than 30% of your limit Ex: 300 limit - never touch more than $90 in usage And replace the money in full when you get the statement. If you can't get a secured card, a secured loan may be the only way. Don't mix your credit with your fiances credit for 2 reasons 1. You want to develop credit on your own 2. He might not have good credit habits and actually lower your credit

Go with the flow

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