Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Scores
Profile Image

Question By

1 Contribution
0 People Helped
I have zero credit, how can I begin to build my credit? Please give multiple solutions.
I know I can get a secured card and I will if I have to, but I'd prefer that to be the last solution. I really need to start building my credit. Know of any retail stores that are easier to get approved at?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

All Responses

Results 1-5 of 5Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
405 Contributions
2600 People Helped

Helpful to 3 out of 3 people

Do you actually have no credit or do you have poor credit? If you have poor credit, you are out of luck and will have to pay with a secured card or something else that is expensive. If you have no credit history, try Capital One. They seem to be pretty good about giving people a chance to start a credit history.

2 Contributions
1 Person Helped

Helpful to 1 out of 1 people

Find what I like to call a "ghetto card"

There are plenty, search for zero history cards. My first card was one of these. Limit of like $300, and a starting fee of like $50 to boot. It sucked. But it was worth it. I had it for three months and was then approved for a Chase Mastercard for $5000. Although that was pre-crisis cerca 2008.

A second option is to take out a loan with a co-signer. I also did this with my first car and my father co-signed. They approved it on his credit but it went under my name and it went quite well. You could do this with a small personal loan, perhaps at a local bank.

Those are pretty much the only two options. Other credit lines include student loans which are easily approved in most cases, although you need to be a student obviously.

Another option is a healthcare card. There are some credit cards that function for health-care only. They are fantastic and usually give you 0% on new medical expenses. I was approved for one at my dentist, with a 10k limit. Used that one time for a teeth cleaning and paid it off. However they closed me after 6 months of being healthy, kind of ironic.

Good luck and try those. I dont know how much harder it might be with new legislation but Im sure you can make it.

My mother just got two 'ghetto cards' and she just recently divorced and filed bankruptcy and never had much credit anyway as my father had it all. So you can certainly get some now.

Top Contributor
27 Contributions
10 People Helped

Your best bet is a secured card with a national bank for like 500 dollars. Stay away from those ghetto cards they will Kill you with the annual fees and interest is like 33 percent. When you get the secured card from the bank, Pay it on time and they will most likely after a year turn it into a unsecured card, and most likely even raise your credit limit. Then from there, well it all depends on all kinds of variables, but a car loan or personnel loan will help out tremendously. Also dont Max out the card or any credit card for that matter, you only want like 20 percent utilization on any cards.

1 Contribution
0 People Helped

Store Credit vs Card rewards

Take a minute and thimnk about the benefits of perks, So I have learned from some mistakes getting a store credit card account. Trying to build my credit, advice is if your a serious shopper apply for a card that gives back in return and offers points or credit rewards to help pay down card.

1 Contribution
0 People Helped

Helpful to 0 out of 1 people

I have NO credit. So, I need to find a way to START to build credit. And I already tried Capital One, declined due to lack of credit history..

Top Contributor

Reply by

743 Contributions
1807 People Helped
Helpful to 2 out of 3 people

Sounds like secured cards are you best option.

Results 1-5 of 5Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.