I am 20 years old. I have no credit and applied for a credit card maybe 2 years ago and...
ADVERTISING DISCLOSURE
ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site.
Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site.
Compensation from our advertising partners impacts how and where their products appear on our site,
including, for example, the order in which they may appear within review lists.
Credit-Land.com has not reviewed all available credit card offers in the marketplace.
I am 20 years old. I have no credit and applied for a credit card maybe 2 years ago and was denied. I have had steady work for the past 3 years and make a reasonable income. I am not in school at the moment, and probably won't be until next winter. With that said, I was wondering what my best option for a credit card would be. I don't want to go out and buy items I don't need. I just want somewhere to start out so that I can build my credit.
Answered on Jun 6, 2014
Updated on Jun 6, 2014
The content is accurate at the time of publication and is subject to change.
You can consider applying for a credit card for people with limited or no credit history. You can be approved even if you do not have any credit history. Another option for you is a secured credit card. You will need to put down a minimum security deposit of around $200 to get such card. But secured cards usually have lower rates and fees, and some come without credit check. Your credit activity will be reported to the major credit bureaus, so you will be able to build your credit.
I want to get a Fortiva credit card, but I don't like that it comes with annual fee. Are there any alternatives?
You are right, Fortiva credit cards come with annual fees. If you have bad credit, you may choose from best credit cards for bad credit and find there a credit card with $0 annual fee. Don't forget to compare other rates and...
What kind of credit do I need to apply for the Sears Mastercard?
You do not need excellent credit, but you can't have bad credit either. You will need better credit if you want to apply for the Sears Shop Your Way Mastercard® issued by Citibank (Citi is a Credit-Land.com advertising partner). This card can be used...
With innumerable people opting to save money with the help of balance transfer credit cards, mortgage companies and banks are being meticulous regarding whom they should loan money. With the inflation raising the price of even the basic commodities,...
I want to apply for the PNC cash rewards card but not sure I will be approved for this card with my scores 628 EX, 674TU and 682EQ. What do you think my chances are? Can I prequalify for this card?
All in all, your credit scores are considered average. To apply for a PNC credit card your credit should be good or better, which is 700† or higher credit score. If you apply for a PNC credit card with your current credit scores, your chances...
My credit is bad and I would like to apply for the Big Lots credit card but I'm not sure I will qualify. Do you think I can qualify with my slightly above 500 score and I often shop at Big Lots?
Store credit cards like the Big Lots are usually good for those with average credit, meaning your credit score should be above 600. But it does not mean you won't be able to qualify for this card while your credit is bad. However, even if you are...