Credit Check Facts

Question by Kiymora's Mommy: If I have "no credit" and wanting to get approved for things that require credit whats the best options?
I need a car, and I don't want to go thru "buy here, pay here"..Ive been to my credit union and they turned me down labeling me with inaccurate credit history..I don't have a down payment and I don't have any family that I can turn to..

Soo that being the case I was looking for options that I can use or programs or credit cards that I can apply for to be approved for a credit limit...Ive never been offered a credit card ever , Ive had my own apartment, several good paying jobs, several vehicles, but no credit card companies have never sent any forms to even pre-approve me of a high interest credit card to establish credit.

What should I do?

Best answer:

Answer by Richard
Capital One, and Orchard banks tend to be kinder toward people with no credit history or sketchy credit history.

Expect an annual fee between 20 and 40 dollars.

Credit has be contracting lately so you may not have any luck in the current economy.

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Question by zeldadude: Can someone else use my best buy "store credit" card?
As in, is it the same thing as a gift card? Someone without my name on it can use it?

Best answer:

Answer by indie_dude80
Yes. It works just like a gift card.

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Question by Sammy: What is the best online resource to get a "poor credit" personal loan?

Best answer:

Answer by lanceh13
online resources for bad credit?...that's tough...especially if your looking for a personal loan. You would almost need to have some collateral to secure it. Are you looking to buy a car, or just some cash? furthermore...how much?

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Question by kuro_kei: The Best "Job is your Credit" dealerships in Georgia?
I am looking to get a another vehicle. My credit score is in the very low 500's. I'm looking to compile a list of dealerships that use your job as your credit. I'm looking to pay $ 600 down tops. Any help will be greatly appreciated.

Best answer:

Answer by N
Drive down any commercial blue collar area and there should be "we finance anyone" signs everywhere.

The problem you will have is that with $ 600 down, you are only going to get a total piece of crap.

You will need at least $ 1000-1200 in order to get the opportunity to overpay for a car.

Your best bet is to SKIP them. Buy a car for CASH.

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Question by Paul: What's the best way to establish "good credit" in the U.S?
I am moving to the U.S. soon and I have no credit.
What is the best way to establish good credit?

Best answer:

Answer by artiststree
Pay all your household bills on time, get a telephone in your name, open up a bank account put a lot of money in there and then apply for a credit card. Use the card sparingly and never charge up more than you have the money to pay it off in full at any time. Pay more than the minimum payment due each month. Stay in control of your credit and don't get in over your head. If you get an offer from another company you can apply for another card and do a balance transfer usually a 0% Apr for about a year. That will make it easier to pay it off on time. Remember you should have enough money in the bank to pay all you debt off in full should you need to. If you have $ 500 in the bank then don't charge up more than $ 500.

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