You can establish credit by going to your bank and requesting either a first time loan called a credit builder or see if they will give you a credit card. You may start off with a low amount but as you charge and pay you may later ask for an increase. For further information you may visit www.creditcards.com
One can get a credit card promotion by taking one of the following steps; applying for store rewards cards, entering information on a creditors webpage, owning a credit card, or having good credit.
There are a number of steps one can take to repair their credit score rating. Some of those steps include paying off all existing debts or setting up a payment plan to cover them, and to apply for and use a credit card wisely to slowly build up a good credit score again.
It is in the medium to good range. It is not bad, but it is not the best you could have. However, you should be able to get financed with this credit score.
The cost varies depending on your credit rating. If your credit rating is very low, it could cost you anywhere from 100$ to 1000$, but if you are good, then it could be free.
Credit card interest rates vary depending on many different factors. A person with good credit could get approved for 6% to 10%, whereas if your credit is poor you would have a rate of 20%.
Fox Business has a good article on their website about obtaining loans when you have a bad credit rating. It explains what steps you should take to protect yourself and get a good deal when applying for such a loan.
The adjective form of the word credit is creditable. If you are looking for an adjective that would describe the word credit, you could use good or bad.
good but
It's not horrible, but could definitely be much improved.
That is a variable, it could put you in a maxed out situation where you couldn't get a loan for yourself. You only have so much credit to use. Good Luck
"The GM credit card does have a good line of credit because it's for cars, and cars are pretty expensive. I guess you could also use it for emergencies."
Wrong information on it could affect your credit worthiness. It's always a good idea to periodically check your credit rating - in case it needs updating.