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What advice would you give young adults applying for their first credit card?
Wiki User
∙ 14y ago
- Don't get one.
- You need to learn how to save for things.
- You allow yourself to enter debt, and it will only grow.
- If you can't afford the purchase now, you certainly won't be able to afford the interest on it.
However, if none of that prevents you from applying for and getting a card, then:
- Only have one. You will lose track of your debt otherwise.
- Set a limit that is well within what you can afford; allowing yourself to spend everything you have is extremely unwise.
- Always check the balance and statements, in case of fraud or theft occurring on it.
- Pay off everything as soon as you can; the interest will grow much quicker than you think.
Wiki User
∙ 14y ago
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Where can someone go to get their First Direct credit card?
One can get their First Direct credit card from by applying from the official First Direct website. To apply, one will need to create an account and accept the terms of the credit card.
Can one apply for a First Merit credit card online?
Yes. Applying for a credit card through First Merit can be completed online. You can also go to a First Merit location near you. On the company's website is where a credit application can be filled out.
Where can one get advice on credit card debt consolidation?
Money saving expert, The Money Advice Service and Money Supermarket are websites where credit card debt consolidation advice can be sought. You could also speak to the citizens advice bureau if you would prefer personalised face-to-face advice.
How does one go about applying for a credit card?
If one is interested in applying for a credit card, it is recommended to first check out the websites of the credit cards one is interested in. Once there, the site will display the necessary information required to apply for their card. Some notable sites included Discover, Visa, and Master Card.
Where can you get a loan with a 567 credit score?
Typically, NO. The average score in the USA is 687. At 567, you are 120 under the national average. Fix your credit and improve your credit score first before applying for a loan.
Where can someone go to get their First Direct credit card?
One can get their First Direct credit card from by applying from the official First Direct website. To apply, one will need to create an account and accept the terms of the credit card.
Can one apply for a First Merit credit card online?
Yes. Applying for a credit card through First Merit can be completed online. You can also go to a First Merit location near you. On the company's website is where a credit application can be filled out.
Where can one get advice on credit card debt consolidation?
Money saving expert, The Money Advice Service and Money Supermarket are websites where credit card debt consolidation advice can be sought. You could also speak to the citizens advice bureau if you would prefer personalised face-to-face advice.
Where can I find information on credit score advice?
There are many websites online that can give you advice on your credit score. First, you need to go to a website such as freecreditscore.com which can help you identify your credit score. Click here to learn more: http://en.wikipedia.org/wiki/Virgin_Credit_Card
How does one go about applying for a credit card?
If one is interested in applying for a credit card, it is recommended to first check out the websites of the credit cards one is interested in. Once there, the site will display the necessary information required to apply for their card. Some notable sites included Discover, Visa, and Master Card.
Where can you get a loan with a 567 credit score?
Typically, NO. The average score in the USA is 687. At 567, you are 120 under the national average. Fix your credit and improve your credit score first before applying for a loan.
Where could I find information on first credit cards?
Money Saving Expert has a great deal of information about different credit cards. It also has a lively forum, if you ask about a first credit card there you will be offered great advice.
Does being denied a car loan lower your credit score?
yes, when you apply for an auto loan and get denied, it will hurt your credit. first, just applying for credit is a hard hit by 2 to 5 point lost.
How is credit history check useful?
"A credit history check would be useful if you were trying to buy a house or a car, or obtain a loan. You could check your credit first, and if there were problems you could pay them off before applying for loans."
How can someone with bad credit purchase a home?
Buying a home with bad credit can be difficult but not impossible. First check your credit score then try to have your card limits raised which will help the credit score. Then talk to a loan officer to see which debts are best to eliminate before applying for credit.
Who offers information and advice on backruptcy?
There are several places you could go to get advice on bankruptcy. I would check with a nonprofit credit counseling agency first, then possibly a bankruptcy lawyer.
How can you rebuild bad credit?
Simple, Pay up bad debt and start applying for secured credit cards. Bank of America offers secured cards and so does First Prenmier bank.
