How To Get Your First Credit Card
In fact, there are several ways to get his first credit card, but it is imperative to be cautious especially when applying it. Here are some tips on how to get approved for your first card and how to use it.
Consider the big box stores or gas stations ...
These types of cards are easy to obtain and be approved even if you have no credit history or existing that you have no one to endorse you. For the most part, these cards are very beneficial because they allow you to buy items such as clothes or gas and pay at a later date when you have the funds available. The only downside is that interest rates are generally higher due to the higher risk. This is place is great to start building your credit so that you can ask for cards with better rates in the future.
Get a secured credit card ...
This is another smart way to have his first credit card, because this way you limit on spending that you can perform. These secured cards are supported by the existing funds in your bank account and you are only allowed to charge a certain percentage of the total. In this way, you will not be tempted to go on a crazy shopping knowing that you can not pay for all purchases.
To be approved easily, you should have at least one job in time so that it allows you to generate a steady income for you. It is always better to have cash on you. In this way, you will really feel spending money.