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Now-a-days they are making it more and more difficult to build credit at a young age. With the age laws on obtaining credit cards now it's almost impossible to build your credit strongly before the age of 21. I suggest opening up some sort of Macy's card, or Best Buy card with a Co-Signer. Car loans are one of the best ways to establish credit, so if you're looking to get a car in the near future or your parents are getting one for you, have them co-sign so you can help build your credit as well. At your age there isn't a whole lot of options because of how strict the banks are these days, but minor loans through company cards like best buy, retail stores, firestone/car repairs, are the easiest way to establish some credit at your age.
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∙ 14y ago
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Can you start to build credit if you're under eighteen years of age?
i believe you can by a checking account in your name, I'm not sure though. because normally you are'NT able to bond with any legal bonds, contracts until your eighteen. PARENTS OR ANYONE ELSE CAN PUT SOMEONE UNDER 18 ON THEIR CREDIT CARDS AS AN AUTHORIZED USER AND IT WILL REPORT ON THEIR CREDIT REPORT, GIVING THEM A CREDIT HISTORY.
When is the age you can start getting credit?
When you can legally sign a contract, which is 18 years old.
Do you start college when you are eighteen?
Many people start college straight out of high school. For the majority of students, that is eighteen years of age.
How do you get to be a card holder?
To get a debit card, you simply open an account at a bank and they issue you the card. As for credit cards, you gave to apply to get one, and you may or may not be approved, depending on your credit history. If you are turned down for a credit card, you can either have someone co-sign with you, or you can start building credit by getting a store credit card (such as Sears), and re-apply one you've built up some credit.
Where can one get a nationwide credit card?
If someone is interested in obtaining a nationwide credit card, one place to start is the Nationwide website where you can fill out an application for a credit card.
Can I get credit cards after bankruptcy?
It is possible to recover from a bankruptcy. You should start by getting a secured credit card to rebuild credit. After about seven years you should be able to find a standard credit card that will allow you to get a card.
What does get off on the wrong foot mean?
Getting off to a bad start, making a bad first impression, getting someone upset with you at the start of a relationship.
Business credit cards with no personal guarantee or business credit?
The best way to do this is establish a strong business credit score with Dun & Bradstreet. They are the credit bureau for businesses. You start with opening trade lines with office supply stores, and gas cards. Then you can start getting larger trade lines with banks.
If a cosigner on your car loan start getting bad credit from her credit cards should it affect your credit too?
not if you make your payments like you should a cosigner is only called upon if you default on your loan
Is eighteen the age you can start smoking?
Yes, but I would not advise it.
Where can one find Business Credit USA online?
Someone interested in finding Business Credit USA online online can start by checking into Visa and Capital one online to locate their credit scores for themselves.
At what age can you start to get white hair?
Any age above eighteen
