Answers to Everyday Questions : What is the best credit card for an 18 trying to build credit?

What is the best credit card for an 18 trying to build credit?

5 Responses to “What is the best credit card for an 18 trying to build credit?”

1. purplepanda (: said :
   June 28th, 2010 at 5:27 pm

   Don’t use a credit card. Just use a debit card.. you don’t need credit cards.
2. See Saw said :
   June 28th, 2010 at 5:37 pm

   Get a Charity credit card

   Charity credit cards are gaining widespread popularity in recent years, because people are enamored with the thought of supporting their preferred charities at obviously no additional cost to themselves. When you opt for one of these cards, a one-time small donation is made by the card issuer to the charity associated with the card, and subsequently a small percentage of your expenses on the card is donated by the card issuer instead of the cardholder.

   Cards available today cover big range of charitable organizations, both local and national and at times, even international. So you can be sure there will be at least one charity supporting your favorite cause.
3. harish said :
   June 28th, 2010 at 6:29 pm

   Small steps like paying your bills on time and using only part of the credit available to you. Also use your credit cards for making small payments regularly, so that it is reflected in your credit record. More tips available at http://www.acreditlibrary.com/buildcredit.html
4. traffic816 said :
   June 28th, 2010 at 6:44 pm

   You might wan to go here and compare them and pick the best one that is right for u.
   http://www.bestcreditrates.net
5. Tiffany D said :
   June 28th, 2010 at 7:41 pm

   Get a capital one credit card with a small credit limit so you don’t get in trouble. Its working for me!

   Just fallow these guide lines and it will lead you to a better credit score. It just takes time and responsibility. Also I would get a free credit report at freecreditreport.com they give a summary of what your credit score means and how you can bring it up.

   What factors raise your Score:
   You’ve paid your bills on time and currently do not have any overdue accounts or derogatory information, such as a collection, charge-off, or bankruptcy, on your report. You can be proud of the fact that you are helping yourself maintain a good credit score, so continue with the positive credit behavior!

   You have no open installment loans, such as auto loans, on your credit report. This positively influences your credit score because lenders feel you are more likely to pay your other bills without the fixed monthly payment attached to an installment loan.

   Your credit report does not contain negative public records, such as a bankruptcy, lien, lawsuit or judgment filed within the last two years. This is having a positive impact on your credit score. Although public record items may remain on your credit report for seven to 15 years, depending on the item, an important piece of your credit history is paying your bills on time, every time.