kal: New to US, Insufficient Credit History- How to apply Credit Card?
Hi Friends,
I have just migrated to US. I got my SSN, Checking Account, Drivers License. I am living with my cousin, recently I applied for a credit card and I was rejected , reason being – “Insufficient Credit History”.
If I need to improve my credit history I need to use credit cards and other credit means. but when my credit card application was rejected what are the options I have with me now??
1.where to apply for credit cards?
2.how to improve my credit history?
3.I will get very small chance to spend money(as I live with my cousin he takes care of every thing)
so please advice me what can I do
Thanks
Kal
Answers and Views:
Answer by sa3nja
He can get a credit card with you (if he is willing) and that will establish your credit. If you default it will aslo go on his credit so you have to be very careful. If you can get a cell phone that will establish your credit as well but you’ll have to have it for a while before you can apply for a credit card. The easiest thing is to get someone to put you on thier accout.
start out with a preapproved credit card from your bank!!! also save up and buy a 2500 dollar cd — than use it for secruity and borrow say 1000 to be paid off in 12 months — this loan will help raise you score!!!Answer by Josh Q
cards.hotusa.org – try this one. You can compare different credit cards and choose the best one for you.
Some of them accept everyone, even if a person has no credit.
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