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mcstay

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what is the best way to get approved for your first credit card if your credit file is too thin?
i currently do not have any debt. i have never had any credit cards, and am interested in starting to establish some credit history, what is the best advice you could provide me with at this time? are there any credit card issuers that you could recommend that often issue cards to applicants that have a "thin File", please advise me of any suggestions you may have , thank you very much.

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If you have no credit, there are several things you can do to make yourself attractive to lenders. You can open a checking account and keep it in good standing. You can also do your best to maintain a steady employment history and a stable living situation (try not to move around too much). Get utility services put in your name and pay all monthly bills on time. Some of these ideas won't necessarily build a credit history, but these are things that lenders look at when deciding whether to issue credit. You could also apply for a department store credit card. Just make sure that the store in fact reports your history to the credit reporting agencies - and again, pay all your bills on time and in full. Another idea is to take out a secured credit card, which is a card funded by money you provide, typically through a linked bank account in your name. If you fail to make a payment, the credit card company simply takes the money from your account.

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