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Credit

How do you get credit?

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Wiki User
2005-09-29 06:22:31
2005-09-29 06:22:31

Open a prepaid credit card account or try opening a department store credit card. They are usually easier to aquire. Unfortunately, department store credit cards usually have higher annual percentage rates, so be careful. When you open your account charge something small to your card. Wait for the bill to come in, pay your balance. Do this several times. Then put something a little pricier on your card (still within your budget though) and make payments on your card when they are due. (Make your payments larger than the minimum amount due. Otherwise you'll just be paying the interest and you'll never get anywhere.) After you've done that for a while pay it off again. Just keep that up and always keep an eye on your credit report! Not only to see your score but to make sure there is no identity theft! You should see your credit score go up. Just a warning though. It takes a long time. I established my credit by going to school. :) I needed a student loan and that loan is what GAVE me credit. I started working for Victoria's Secret as well and so I had opened up a VS Angel card. That made my credit better. I had a score of 678 by the time I was 20. (Which by the way, took 2 years.)

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