eHow launches Android app: Get the best of eHow on the go.
(1 Ratings)
Do Student Loans Build Credit?
How Does a Secured Credit Card Build Credit?
Do You Need a Financial Planner?
About High-Risk Personal Loan Banks
How to Apply for a First-Time Credit Card
About Instant Approval Personal Bank Loans
About Personal Bank Loans for People With Poor Credit
Credit Card Facts
About Interest Rates on Personal Loans
Do You Have to Pay Off Credit Cards of the Deceased?
Can Credit Cards Rebuild a Credit Score?
Do All Credit Cards Have a Variable APR Rate?
Do Debit Cards Help Build Credit?
About Short-Term Loans
About Using Savings to Pay Off Personal Loan
How Did Credit Scoring Come About?
Does a Paid Mechanics Lien Decrease Your Credit Score?
About Consumer Credit Counseling Agencies
Different Types of Savings Accounts
Are Home Improvement Loans Tax Deductible?
Difference Between Credit Unions & Banks
How to Close a Credit Card Account
About Federal Bank Regulations
Do Bounced Checks Affect Credit Rating?
How Does a Remodeling Loan Work?
Difference Between Secured & Unsecured Loans
Basic Money Management Skills for Youth
Best Way to Build Credit Without Credit Cards
In order to obtain credit, people must be in good standing with a credit card company or build credit by g… More
Credit is a way that financial lives are managed in America, and it's important to have a good credit rati… More
Establish credit by having a friend or relative add you on to their credit card or setting up a co-borrowe… More
When applying for credit cards, be thorough and truthful when outlining personal assets and liabilities. D… More
Applying for a credit card can be handled on the internet, at a bank, or sometimes over the phone. Learn h… More
There are many different types of credit cards, from secured accounts for people who are trying to re-esta… More
The most common way for someone to get a credit card is to establish a banking relationship. Get a checkin… More
You want to have a credit card for the sake of convenience, but you can also use a credit card to raise yo… More
Apply for a credit card without credit by picking companies that offer very small loan amounts and making … More
Apply for a first-time credit card by starting with a department store credit card, maintaining a positive… More
Getting your first credit card can be a little confusing, but it's important for your future financial sec… More
Apply for your first credit card by visiting a local bank and asking for a secured credit card. After payi… More
To apply for an unsecured credit card with bad credit, make a cash deposit with a credit company, receive … More
An important part of monitoring credit is asking credit bureaus to put a fraud alert on a credit report to… More
Summary: Apply for a first-time credit card by starting with a department store credit card, maintaining a positive payment history and then signing up for a low-limit card. Get a good credit score by showing a regular payment history on credit cards with advice from a financial adviser in this free video on credit cards.
Matthew McKillen brings 21 years of industry experience in arranging loans for his clients. He has worked in financial services senior management positions in mortgage banking...read more
How to Shave Armpits
How to Shave the Back & Shoulders
How to Shave the Chest
How to Shave the Groin Area
How to Shave Your Head
How to Prepare the Face for Shaving
How to Shave Your Face
How to Shave Tricky Areas on the Face
How to Shave a Chinstrap
How to Shave a Goatee
How to Maintain Sideburns
How to Shave a Soul Patch
How to Trim & Shape Facial Hair
How to Maintain a Razor
"Hi, this is Matt McKillen with Innovative Financial Group. A question post to me today was, "How do you apply for like a first time credit card?" Well, I would say that the easiest way to start building a credit history is by applying for a department store card; whether it be a JC Penney's or Sears. Usually they'll give a very small limit to start and it can only be used in their store; but that's one of the easiest ways to get a credit history started, even if it's only a hundred or two hundred dollar limit. Once you start up establishing a payment history on a, like department store card, then at that point, you're going to be, it's going to be much easier for you to be approved for maybe a typical Mastercard or Visa, maybe with a three to five hundred dollar limit. I would say it's not important to run out and get as many cards as you can in the beginning, it's more important just to focus on getting at least a couple, keep a small balance on the card; it doesn't help you with a zero balance because you want to establish a payment history. So, even for me, just keep a fifty, sixty, hundred dollars balance on the card and make the minimum payments. It's that payment history that you're making on that card every month that's going to help build credit and help build your scores up so that you can now get you know, maybe different types of credit vehicles down the road. So department store cards are probably your best avenue to start on a first time credit card. Again, my name is Matt McKillen and I am with Innovative Financial Group."
eHow Article: How to Apply for a First-Time Credit Card
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.
Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy. en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.
