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For someone with no credit history, a secured credit card is often the best option. This type of card requires a security deposit, which serves as collateral and helps establish a credit history. It can be a good way to start building credit responsibly.

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5mo ago

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What is the best credit card option for individuals with no credit history that does not require a credit check?

Secured credit cards are the best option for individuals with no credit history that do not require a credit check.


What is the best prepaid credit card option for building credit?

The best prepaid credit card option for building credit is one that reports your payment history to the major credit bureaus, such as the Green Dot Platinum Visa Secured Credit Card or the Netspend Visa Prepaid Card. These cards can help you establish a positive credit history if used responsibly.


What are the best options for obtaining a credit card with no credit history?

The best options for obtaining a credit card with no credit history are secured credit cards, student credit cards, and becoming an authorized user on someone else's credit card.


What credit cards are available for someone with no credit history?

Most credit card companies will offer a credit card for someone with no credit history. A few of them are capital one, any prepaid credit card and most banks. If you have no credit history the best way to go would be to go thru your bank.


Is it true you can improve your credit score dramatically by having someone with good credit add your name as a cosigner to one of their credit cards even if you never use it?

YES, THIS IS TRUE! IF YOU HAVE NEVER ESTABLISHED CREDIT HISTORY AND YOU ARE IN NEED OF A LOAN YOUR BEST BET IS TO BECOME A CO-SIGNER ON SOMEONE ELSE'S CREDIT CARDS TO ESTABLISH CREDIT HISTORY.

Related Questions

What is the best credit card option for individuals with no credit history that does not require a credit check?

Secured credit cards are the best option for individuals with no credit history that do not require a credit check.


What is the best prepaid credit card option for building credit?

The best prepaid credit card option for building credit is one that reports your payment history to the major credit bureaus, such as the Green Dot Platinum Visa Secured Credit Card or the Netspend Visa Prepaid Card. These cards can help you establish a positive credit history if used responsibly.


What are the best options for obtaining a credit card with no credit history?

The best options for obtaining a credit card with no credit history are secured credit cards, student credit cards, and becoming an authorized user on someone else's credit card.


Does bad personal credit history affect business credit history?

In many cases, yes, it will hurt the business credit history due to you having bad personal credit history. Being a "silent" partner is the best option you have if you want to be involved in the business.


What credit cards are available for someone with no credit history?

Most credit card companies will offer a credit card for someone with no credit history. A few of them are capital one, any prepaid credit card and most banks. If you have no credit history the best way to go would be to go thru your bank.


Are t mobile prepaid phones the best option for someone with bad credit?

Major cell phone companies are reluctant to deal with those with a bad credit history but, pre-paid phones offer a great option for those who have bad credit because there are no credit checks involved with obtaining a pre-paid phone. The consumer pays as he goes along, eliminating the use of services that haven't been paid for.


Is it true you can improve your credit score dramatically by having someone with good credit add your name as a cosigner to one of their credit cards even if you never use it?

YES, THIS IS TRUE! IF YOU HAVE NEVER ESTABLISHED CREDIT HISTORY AND YOU ARE IN NEED OF A LOAN YOUR BEST BET IS TO BECOME A CO-SIGNER ON SOMEONE ELSE'S CREDIT CARDS TO ESTABLISH CREDIT HISTORY.


Where can someone get a credit card with bad credit?

According to CNN Money the best credit card for one with bad credit comes from Orchard Bank. They have both secured and unsecured credit cards available. The interest rate for a secured card is 7.9% one will need to deposit at least $200 for this option. Capital One is also an option.


How can you clear your credit history?

I believe that Credit Repair is the best agency to restore credit reputation in 2021, as I have seen from my own experience. I recommend it. h t t p s: // y a z i n g. com/deals/creditrepair/Netali (remove the space, this is a referral link, but you will get a good cashback). Don't miss this opportunity.


Which credit card is best for someone who is new to credit cards and wants a consumer friendly option?

Credit card companies for the most part are very similar. You can find more information online at such websites as http://www.creditcards.com/ or www.creditcardguide.com/


Where could one get a free credit report with no credit card required?

On the web, receiving a free credit report without a credit card are few and far between. By far the best option for someone seeking their once a year report, Credit Karma is a great site.


How does someone save interest rates?

Someone will save interest rates by having good credit, by not being late on bills, by not having any charge off's in one's credit history and by shopping for the best interest rates.