Harmony Central Forums
Announcement Announcement Module
Collapse
No announcement yet.

Credit Cards

Page Title Module
Move Remove Collapse







X
Conversation Detail Module
Collapse
  • Filter
  • Time
  • Show
Clear All
new posts

  • Credit Cards

    I need to get a card (I have no credit history- yes, I know; OHHRH meh GAwd dooood), and I'm looking at whats out there.

    what y'all mofos using?

    <div class="signaturecontainer">Decolonize</div><br><br>

  • #2

    Faldoe wrote:

    I need to get a card (I have no credit history- yes, I know; OHHRH meh GAwd dooood), and I'm looking at whats out there.


    what's in your wallet?




     


    Fix't.


     

    **********

    "Look at it this way: think of how stupid the average person is, and then realize half of 'em are stupider than that."

    - George Carlin

    "It shouldn't be expected that people are necessarily doing what they appear to be doing on records."

    - Sir George Martin, All You Need Is Ears

    "The music business will be revitalized by musicians, not the labels or Live Nation. When the musicians decide to put music first, instead of money, the public will flock to the fruits and the scene will be healthy again."

    - Bob Lefsetz, The Lefsetz Letter

    Comment


    • Player99
      Player99 commented
      Editing a comment

      In Canada some have purchased prepaid credit cards from money lending stores. After using these for awhile they are able to apply for real credit cards and get them.

      You need to know what # your credit score is at and watch this. Of course be careful applying because if you apply to things and are rejected this goes against you on your credit score. You can check your score online through companies like Equifax for a small fee. It is OK for you to check it, but if banks and loan companies check it that can go against your score.

      Any unpaid overdue debts etc. that are listed need to be paid or resolved. There are ways to have notes put in to address issues or make clarifications.

       

       

       


  • #3
    Capital One is known as being a first credit card or go the prepaid option. Or try a store card to a retailer. Just know your interest rate will probably be higher due to lack of credit history. Keep yourself out of trouble by being smart with your card. In my experience, once you make a few payments on time you will get a bunch of offers in the mail (at least that was my experience as a college student about 8years ago). So be smart and don't dig yourself a hole.
    <div class="signaturecontainer"><font size="1">Guitars:<br><br>G&amp;L Tribute ASAT Classic Bluesboy<br><br>Fender 50th Anniversary Strat, Classic 50s Telecaster, and others.<br><br><br><br>Pedals:<br><br>Pitchblack&g t;EP Booster&gt;Classic 108 Fuzz&gt; SD-1&gt;OCD&gt;Keeley Rat&gt;Hoof&gt;DLS MKiii&gt;Small Stone&gt;TR-2&gt;Flashback&gt;Spring Theory<br><br><br><br>Amp:<br><br>Peavey Delta Blues<br><br></font></div>

    Comment


    • martha_KH
      martha_KH commented
      Editing a comment

      reverberlayed wrote:
      Capital One is known as being a first credit card or go the prepaid option. Or try a store card to a retailer. Just know your interest rate will probably be higher due to lack of credit history. Keep yourself out of trouble by being smart with your card. In my experience, once you make a few payments on time you will get a bunch of offers in the mail (at least that was my experience as a college student about 8years ago). So be smart and don't dig yourself a hole.

      +1  I was pretty much going to say the same thing.


  • #4

    i would look at what target gives out to its customers...then never use that company's cards.

     

    ps. credit cards are so 2013, everybody is moving on to bitcoins now.

    {O,O}
    (__(\
    " "

    Comment


    • travisbrowning
      travisbrowning commented
      Editing a comment
      I need to look into building credit soon too.

  • #5
    Cash on the barrel head yo

    Comment


    • Danhedonia
      Danhedonia commented
      Editing a comment

      Do you have no credit history or poor credit history?

      If you have no credit history, simply opening a checking account ought to provide you with enough to get a credit card with a low limit.  Make six months of timely payments and request that your limit be raised.

      If you have poor credit history, try opening a banking account with a local credit union. 

      You do not have to pay to obtain your credit reports.  You are entitled to see them for free, once every year. 

      I would give you one piece of strong advice: avoid CapitalOne and Discover, both are renowned for raising interest rates to astronomical levels.  Discover raised mine to 29.99% for -- get this -- not using the card.  CapitalOne raises rates with any late payment and is very aggressive towards consumers.

      The message is: get your credit card where you do you checking.  At least at first. Opening a checking account is the fastest simple way for a person with NO credit to begin to build usable credit history. 

      Never pay an annual fee.

      Try to get a card that offers cash-back (there are many; Bank of America has one, as does Wells Fargo).

      As long as interest rates remain comparatively low, retail banking is attractive to big banks like BoA, Chase, Wells Fargo, etc.  If inflation returns, it will become less profitable and the programs wont' be as good.  Try to get this done now, as inflation is very likely to pick up as the economy improves.  If the economy doesn't improve, we'll all have bigger concerns than cashback rates on credit cards.

      Finally, there are several websites that compare card programs:

      www.comparecards.com
      www.google.com/compare/creditcard/
      www.creditcards.com

       

Working...
X