Submit a question to our community and get an answer from real people.
Submit

Ways to improve credit with 0 credit? Been denied for 2 credit cards due to no credit.

Report as

Go to your local bank and explain yourself. Ask to borrow $500. Then repay all of it like you are supposed to. Credit is built, not just given. Also start a PayPal account. They report credit also.

Helpful (2) Fun Thanks for voting Comments (0)
Report as
Add a comment...
DukeCityMuscle

Also department stores tend to issue store credit cards pretty easily. They're a good tool for building credit.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...

Buy a cheap car from one of those rip off dealers, make payments on it (they love to give credit because they usually get the car back), make sure they report to the credit agencies and you will begin to rack up credit points. Also try those fly by night loan companies. They will want collateral to back up the loan. They are pretty much loan sharks but once you show you are credit worthy you can get a credit card with low interest or a bank loan. It's just the way things work. Those that have the least will pay the highest costs.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...

Department stores like Macy's are easy to get then go to your bank or orchard bank and get a secured card. You will build credit.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...

I also had that issue until I got myself a prepaid card. I would put a certain amount of cash on that card and maintained a good payment record. Eventually the company returned my initial startup cash and issued me a credit card.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...
Do you have an answer?
Answer this question...
Did you mean?
Login or Join the Community to answer
Popular Searches