I need a credit card. I have no credit history. Ive been employed for 4 years straight and have direct deposit.
I applied for a student card with Capital One, with a 99%(as advertised at the time) acceptance rate and got declined. All information was correct.
What do.
>>1097314
Get a secured card.
You send them an initial deposit and they send you a credit card. If you default on payments, they'll take it out of your deposit.
Build your credit score up with it, and then you can apply for a real credit card.
>>1097321
Yep. To expand:
Secured cards sometimes get put on blast for having higher fees, but it's cost of doing business and your only going yo do it for a short time.
Once your credit is unfucked they will refund your deposit and turn it into a regular card
While credit building use it for predictable expenses so you always know how much is being put on it AND PAY THE WHOLE FUCKING BILL EVERY MONTH. I am partial to putting my bills ( gas, elect, internet ect) to auto pay on a credit card, then pay it off at the end of the month in one shot. It's a convenient way to pay bills ( differnt due dates and shit) plus it moves a predictable am out through credit.
Try to keep the balance less than half of the limit during the month ( ideally more like 30% for best utilization)
Interest will be high as fuck so don't pay any.
