Question : credit card?
ok, i'm planning to get a credit card for first time, i don't have credit backgrownd,so, how do i start or what do i have to do to start credit backgrownd?, and what's APR?, thanks if you can help me.
- asked by sfreak206
All Answers:
Answer #1
just read and know all the info they give you.have a checking account so you wont have to usesomeone elses checks to pay towards your creditcard.
- answered by Jessica
Answer #2
If you are a student you may want to look into thestudent credit cards, because they are a bit moreleniant on no credit history. APR is the annualinterest rate.
- answered by lowa71184
Answer #3
You can find a complete list of credit cards forpeople with little or no credithere:
http://www.asapcreditcard.com/unsecured-offers.htmlAlthough these offers tend to have higherinterest rates (and additional fees) when comparedto 'standard' credit cards-- they'll help youbuild and improve your credit score. Eventually,with regular on-time payments-- you'll be able toapply for better offers with lower APR's and lessfees.Hope this helps. GOOD LUCK!
- answered by Jeremy P
Answer #4
http://www.moneysavingexpert.com/creditcardsthisis the best site for impartial advice bar none ifyou invest an hour it may save you hundreds ofpounds in the longterm. I even used this site tosource my mortgage
- answered by happysurferuk
Answer #5
APR = Annual Percentage Rate. Do not take thefirst offer you get. Match them up against oneanother. If you want to build some credit record,go to your bank and ask for a Secured Credit Card.It is like a credit card but linked to yourchecking account. Do not confuse yourself with aDebit Card. It is almost the same, but you canbuild a credit history on it.
- answered by hjbb
Answer #6
Go with a credit card that doesn't charge anopening fee, annual fee or anything like that,thats just riping you off!! And please of the loveof everything DON"T MAX OUT YOUR CREDIT!! I amstill paying off a $3000.00 (maxed out) creditcard that i have had for like 3 years now and amnot getting anywhere!!And the APR is thepercentage of your amount spent that you have topay every month. It changes month to monthdepending on how much you spend... it is aninterest rate that would make a shark loanblush!!!If you want a really good way of buildingcredit that doesn't include signing the contractwith the devil (credit card companies) go to thebank and take out a $500 loan. Put the $500 in abank account and DO NOT SPEND IT! Each month that$$ out of the $500 and pay the loan. Easy way todo it and you don't get stuck with a lot ofdebt!!!!
- answered by Kelley
Answer #7
Apply for an American Express Blue CreditCard:Apart from no annual fee feature of theAmerican Blue Express it also gives cash returnson specific purchases. Users of the American BlueExpress also enjoy protection against fraud foronline credit card transactions. This card triesto right the various wrong notions about theAmerican Express credit cards, one of which isthat it is a credit card only for rich or thosewho have money to keep a credit card.
- answered by See Saw
Answer #8
Hi there. First of all, let's take a quick lookat what APR is. This stands for annualpercentage rate, and is a means of determining howmuch interest you pay on a credit card. The high the APR, the higher the interest payable. Therefore, you will definitely want to select acredit card that has the lowest possible APR rate. Many credit cards offer an introductory APR of 0for a pre defined period of time, after which anew APR is applied to balance on the credit card. As mentioned before, you definitely want to selecta card that will charge you the least amount ofinterest on your outstanding balance. Anotherimportant aspect of choosing a credit card isselecting one that best suits spending habits andyour lifestyle. For more information on this,please go to:
http://www.smartecredit.com/fyi/credit/1340.phpNowto your main question. I have found out over timethat the best type of credit card for persons inyour predicament, our credit cards issued byOrchard Bank. For more information on thesecredit cards and to possibly select one that willbest suit your needs, please goto:
http://www.smartecredit.com/hsbc_credit_card.php I hope this information is of value to you. Wishing you all the best in your future endeavors.
- answered by Christopher P
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