If you don’t have a credit card, you should really get one. Today, almost everyone in America has a credit card and that’s how you should have one. Using a credit card is an important way to build a better credit. But if your credit rating is so bad that you can’t get a credit card, don’t worry. Help is available. There are private agencies that specialize in obtaining credit cards for “hopeless cases” and only charge a fee if they succeed. These are usually listed on the yellow pages under the heading “Credit cards” or “Credit advice”.
These agencies can also advertise in the ads section of local newspapers and even in major national newspapers such as the Wall Street Journal and USA Today.
If you cannot get a large credit card such as Visa or MasterCard, you can still get a nationwide retail card even without the help of a special agency. Wards or JC Penny credit cards are among the easiest to buy and are good at any store across the country. Sears card, though, is usually a little more difficult to obtain.
If you can’t get a domestic retail credit card, try going to a large local merchant such as a department, furniture, or appliance store. Since you often have your own credit cards or debit accounts, you can try to open your own account with them. Because you live nearby, they may be more likely to issue you their cards. Then you should use it and pay a few monthly instalments and then apply for a national card.
But if nothing else works, try it: Go to the Visa or MasterCard bank and ask if you can open a debit account with a credit balance. This means that you would normally apply for a credit card and then send a cheque for several hundred dollars together with the completed application. First ask your bank how to deal with this.
Please ask your Visa or MasterCard bank to grant you a credit in the amount already covered by the cheque. This is tantamount to an early payment in the future. Once your credit balance is exhausted, make sure your bank is willing to continue to grant credit in this way for as much advance payment as you are able to make. After some time your bank should be willing to give you a small credit line without having to make an advance payment. If so, make sure that all future payments on time are debited from your account. This starts by establishing a good credit history, which is the surest way to build a better credit.
If you don’t have to start from scratch and you already have one or two credit cards, you should ask other domestic lenders, such as American Express or Discover. Also get another national retail card like Sears or even Home Depot. You can secure one type of card for each type of purchase, and you should definitely start using these cards wherever you have used to pay in cash or check. You want these purchases and payments to be reflected in your credit report. Continuing to pay by cash or cheque is not a good solution when it comes to improving your credit rating. Use merchants’ cards and send cheques to a credit card company.
Later, when you come for your first mortgage loan, your excellent credit history will be found. Find multiple express cards that can suits your needs through clicking here americanexpress/confirmcard.