I have bad credit no credit card will sign me up i cant get a car, or do anything how can i build my credit?
82861
see if you can go on your mom's or dads credit card as authorized user then use it and PAY for it...it will report on your credit, also try to get on one that has no balance and pay for it yourself. take the FULL responciblity
1048373
Yes, you can! \n\nFirst, you need to find a starter card. You can get one for people with 'bad credit' or you can try getting a small one ($200) through Capital One. I started with that, and bought a car around the same time (not with the credit card, of course! :)). The interest on my car is ridiculous, but such is the penalty for not paying my bills before. After you work diligently to pay off your card every month and keep up with your utility bills, it will eventually pay off. I bought my own house (2 years after finally beginning to clean up my credit) and have several cards now. Most of them I don't use, they are just for emergencies. \n\nYou want to make sure that you don't keep maxing out your card and paying it off. I did that with the $200 card, because I would pay bills, then use the bill money to pay that off. I have a steady job, so I knew it wasn't that much of a risk, but if something ever happens, you're screwed. Your best bet is to carry no more than 20% of the limit every month. It looks better on your credit report. \n\nYou can do it ... it just takes hard work and patience. It won't change over night, but after about a year or two of consistent payments, you'll be in a much better position.\n\nGood luck!\n\nEdited to add: One thing that I forgot to mention is to watch the "program fees" etc. With Orchard Bank, for example, you may get a credit line of $300. When you first get the card though, there is already a $92 balance from program fees, signup fees, etc. I was never really okay with that, so I avoided those cards. It's a place to start if you have no other option, but I would go with a secured card before I would go with a card that starts me out with a $92 balance ...
452625
Well, I know that the best way is to go to one of those private lots where they do their own financing.  They usually want some amount down, but if they like you and you seem stable on your job, they will ususally finance the car.  Don't miss a payment though, because they'll take it back just a quick as they gave it to you.\nIf you're real good with them, when its paid off, they'll get you into a better car and still finance you.\nThey'll also report to your credit agency, which will build your credit up a little.............Been there......It's not fun and I'm still cleaning up my credit.....just seems like when it's about accomplished, it all goes to hell again...............the cycle of life, right?
577318
get in debt and pay the bill(s) on time. The Kia dealership helped me get started again but it required a larger down payment for a new car - then I made payments on (or before due date) did this until car was paid off. It took me 6 months of making payments on time (establishing good paying history) before I could get a real credit card (not one of those you put money in the account) - my limit was 2,500.00 but at least it was a start and I was on my way after that - too many years of bad credit --- I learned my lesson!
42917
What you are saying has alot of truth in it.  It is hard at first.  but it will get better as long as the credit you do get is paid on time all the time.  \n\nNow that you have a car loan - pay it.  Pay it all the time every time.  after a little while it should show up (if they are legit)  If you did it through a small company they may not be telling the credit agencies... and then you will be back to square one.     \n\nI had that happen back about 13 years ago.  we got our first car loan and figured this would help our credit.  Well the wonderful owner of that place never sent in any info about us so it was never even recorded that we had that loan ever.... \n\nGood luck.  \n\nHere's some info.  Hope it will help you. \n\n\nDo you have a bank that you have any accounts in? if you do they may be willing to make you a small loan. Everyone has to start somewhere. (how can anyone ever get a loan if they didn't have credit? think about it... Everyone had to have a "first" loan - it's from that point that you will establish if you are trust/creditworthy or not) so don't blow it. Pay that loan when you do get it. \n\nTake it from me. I was young and foolish and thought what some people do. I racked up my cards and had the plan to pay them off slowly so that I could "build my credit" This is not what happend... What actually happend is I *** BUILT MY DEBT *** Don't attack your credit from this angle. Credit is not a matter of holding a balance. You will NOT get better marks or a higher credit score for holding a balance in your accounts. What you WILL get is more interest to way you down.\n\nIf you want to have great credit just remember not to be late on any bill - utiliies and mortgages included. Don't miss payments. Keep small balances if you must but try to pay them off 100% if you can. Don't live on borrowed money. Good rule of thumb... if you will not have enough money to pay your CC bill in full when the bill comes - you shouldn't be buying what ever it is you are looking at. Use your credit cards for their intended purpose. They are ment to be a tool. Kept in your wallet so that you don't have to carry around cash every where, and so that you can have an organized statement at the end of the month to see where you are spending your money. Pay it in full and after years of doing this it will gradually bring your credit score up and up. There is no FAST way to build credit. the most crucial factor in the equation is PASSING of TIME. As long as you are paying everthing by the due dates, with no misses You will be golden :) Time will keep ticking away, and your credit score will keep rising. (Keep your oldest cards open - even if you don't have huge balances on them - They still count towards TIME ) If you want to keep a steady payment history going from month to month I would use it sparingly and then pay it in full each month. \n\nCredit cards show on your report - they will either show that there is no balance or that there is a balance. So don't worry about them not reporting for several months if you don't have any outstanding debt. This is NOT a "ding" on your credit record.
1169534
Odds are pretty good that no reputable institution is going to let a non-related party co-sign for you.  And anyone that doesn't know you well enough to know if you're good for it isn't going to do it for any price.\n\nYour best bet is to learn to live on cash.  You can also get a secured credit card that is a legitimate card without outrageous fees and interest rates at some banks and other institutions.\n\nThey work like this - you make a deposit of cash, and they give you a credit line equal to your deposit.  As you make regular payments, they start to increase your credit line, and after a while they also release your deposit/security.\n\nIt's the best honest way to start a credit history.\n\nAlso you can easily get a car loan IF you have a good sized down payment.\n\nAs others have suggested, credit is a very risk thing for someone who doesn't already have a good handle on cash management.  If you're struggling now (and I understand personallly how hard being a single parent can be), then getting a credit card is only likely to make your situation a lot worse.\n\nTrust me, learn to manage on cash for a few years first.  Then you can think about it.
1089932
Of course, this is exactly WHY you shouldn't allow yourself to GET bad credit.  It is extremely costly, because it forces you to lose out on good opportunities like this.  There's a very high likelihood that you WON'T be able to get credit anywhere.  \n\nHere's what I would consider.  Try some of the high risk credit card lenders.  See if you can get a home-equity line for your home.  You might also be able to depend on 'trade credit' for part of it (foods, etc.), but you'll still need enough to equip the place, and frankly, your choices are very limited due to your past record.  I hope you can find something.  Otherwise, you'll just have to wait 7 years until your credit clears up.\n\nBest of luck to you.
1006724
You will not get the credit you think you deserve because you must first establish credit. I know a kid whose only bill was a cell phone. Guess what? He went delinquent on it. He has just put the first stain on his credit.\n\nThe only way to prove yourself is to accept the high interest rates now. Pay them on time all the time. Maintain your employment for as long as you can. If you change you job within the last year it will affect your interest rate and may even affect whether or not you are approved for credit. Keep in mind that creditors are looking to see what they can work with.\n1. How much do you earn? In most case it must be over $12,000 USD.\n2. How long you've worked at your present job? Should be better than a year.\n3. How old your are? Over 24 is a better chance to get credit and lower interest rates\n4. Do you own or pay rent? "Live with parents" doesn't impress a creditor.\n\nIf all the above are good answers then work on getting a secured credit card. There will be a lot of fees associated with a secured card such as application fee, annual fee, processing fee and late payment will be $25 and up, and your interest rate may be around 18 - 25%. Do this for a over a year. Make sure you actually use the credit card but dont ever max it.\n\nProvidian Bank may give you credit without money into a savings account but there interest rates will be up there. They start of low but every 6 month they increase as long as you've made timely payments.\n\nAlso get a loan. Have a family member cosign it. Your credit as well as their credit is affected. So as long as you make timely payment its a win win situation. You can't be denied an auto loan. Having and paying these loans and credit cards increase your credit score. Once you have these under your belt and your on the better side of items 1-4 stated above, you should be home free.\n\nGood Luck
973084
Do you have bad credit or just no credit history?  If it's the former your best bet would be to wait until your 'bad' credit drops off or is 'seasoned.'  If you just have no history - try and apply at Sears or local department stores.  Do NOT run up the cards!  Use them of course, but not more than what you can comfortably pay off in a month.  Once you have been paying on them for 12-24 months you should be able to get a car loan with your local bank.  If that is too long of time frame you may have to see a used car dealer that offers their own financing (BEWARE - the rates will be horrible and payments high for the quality of vehicle you get from such a place).\n\nAnother option would be to see if a friend or relative would be willing to lend you some money though this can cause serious problems if you fail to pay them back.\n\nGood Luck!
62803
Do you have a bank that you have any accounts in?  if you do they may be willing to make you a small loan.  Everyone has to start somewhere.   (how can anyone ever get a loan if they didn't have credit?  think about it... Everyone had to have a "first" loan - it's from that point that you will establish if you are trust/creditworthy or not) so don't blow it.  Pay that loan when you do get it. \n\nIf you don't have a bank account - you may need to have a family member co-sign  the loan for you.  You need to be sure to pay the loan off on time and you will be on your way to building a great credit for your future.
189732
This is the easiest way. Find someone that has good credit and have them put your name on their credit card. They don't have to give you a credit card so it is no risk to them. After a few months you will show credit history. Then go and get a credit card in your name that has a limit of 5K.
204870
First off credit granting is driven by credit scores.\n\nHave you applied for credit and been turned down? Did you recieve a letter stating why?\n\nI would get copies of your credit reports at www.annualcreditreport.com and see what's on your 3 credit reports.\n\nIf you have "no" credit then I would first make sure you set up a checking & savings account and then the place to apply is at a department store or gas card. Their credit guidelines are more lenient and they will usually approve you for a small credit line like $200.00.\n\nAs far as a unsecured Visa/MasterCard/Discover they will not approve you if you have "no" credit.\n\nGo to a credit union(if you are eligible to join) and ask them to "help you build your credit" they are typically more willing to help. Just make sure they report the loans to all 3 credit bureaus otherwise it won't help you raise your credit score.\n\nGood Luck
1087634
To build credit\n1. use credit, pay on time, make payoffs, and don't owe too much in credit or your debt-to-income ratio will lok bad.\n\n2. Pay other bills on time.\n\n3. If you have outstanding bills, pay them off as quickly as possible.\n\n4. Do not apply for credit too frequently, all inquiries show on your report and make you look desperate for credit.\n\n5. Besides credit cards you could purchase an older car with easy financin terms and a short pay-off time, pay it off, and then buy a slightly more valuable car and pay it off. Your credit grows quickly with timely car payments.
173995
you can repair your credit yourself.  The best way is to pay off creditors.  You can offer a settlement for half or less which in many cases they will accept.  Make sure you get every thing in writing before you send money and only pay them off if they delete the credit completely.  If they do not agree then don't pay them and tell them so.  You need at least a 550 credit rating to buy a car 700 or better to buy a house or a motorcycle.
1126656
Some banks offer a credit builder loan...you won't get money from the loan, but they will put aside the money in a savings acct for you and you will then make payments on the loan...when you're done, you'll get your money back. \n\nThere is also a credit card called the Secured Visa (that particular one is offered by National City Bank) With that card you would secure the card with at least $250 and then you may use the card up to the amount you secured it with. Make monthly payments for at least six months and that should help build your credit.\n\nOr, if you have no credit at all, get a credit card specifically for first-time credit card users. The only bad thing with that is there usually is an annual fee on them...or search for a regular card with cool benefits.
333654
you can't get a loan. With little or no credit you'll have to work on your credit first. Working is a way. Don't apply for too many cards, store credit cards, credit cards such as visa.  If your cool with your parents, maybe have them co-sign or have them put you on one of their cards to help with your credit. But it takes up to 2 years to establish good credit. Trust me I know.!! : )
588552
If you have issues with credit, best not to get a credit card.  The companies who will give you one will charge insanely high interest and you may get into debt again.  If you're trying to build credit, you should be able to get pre-approved through your own bank.