Comments on: Build Your Credit Starting in College http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/ Compare the Best Credit Card Offers - Credit Cards for Bad Credit, Gasoline Rebate Deals, Instant Approval! Wed, 17 Mar 2010 12:41:00 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Jack http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/comment-page-1/#comment-262 Jack Sat, 12 Apr 2008 20:19:31 +0000 http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/#comment-262 you can get a card eaven earlier im getting a youth credit card from usw bank i can get it at the age of 16 with parental cosigning (there is a bank out there that lets you get a card w/o parental cosigning(they still need to sign a waiver though) but it has a $250 credit limit if there is no cosigner) you can get a card eaven earlier

im getting a youth credit card from usw bank

i can get it at the age of 16 with parental cosigning

(there is a bank out there that lets you get a card w/o parental cosigning(they still need to sign a waiver though) but it has a $250 credit limit if there is no cosigner)

]]> By: gkr http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/comment-page-1/#comment-50 gkr Sat, 18 Aug 2007 14:00:08 +0000 http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/#comment-50 When studying in college it is tough to get a credit card which has rewards, low APRs, high credit limit etc. We need to show backup so that we will be able to pay the credits. This limits our usage but helps us get a good credit score as with such low limits it is easy to pay on time. Apart from using the card for building a credit score we can also use it for trading stocks. Some students find it easy to trade for profits. And the time, freshness of mind that is available in college allows to spend time for tradings stock. But not many people will find it easy. When studying in college it is tough to get a credit card which has rewards, low APRs, high credit limit etc. We need to show backup so that we will be able to pay the credits. This limits our usage but helps us get a good credit score as with such low limits it is easy to pay on time.

Apart from using the card for building a credit score we can also use it for trading stocks. Some students find it easy to trade for profits. And the time, freshness of mind that is available in college allows to spend time for tradings stock. But not many people will find it easy.

]]> By: James http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/comment-page-1/#comment-28 James Sat, 28 Jul 2007 11:00:36 +0000 http://www.bankaholic.com/credit-cards/build-your-credit-starting-in-college/#comment-28 It's a really sorry state when you have to go into debt to prove that you are credit worthy. There must be a market opening for a credit scoring agency that will pick up the good credit risks who are generally solvent. But that's not why I'm posting. The sad fact is that the thrifty and frugal may inherit the earth but they still get offered worse interest rates than bankrupts. Look at this: http://www.capitalone.com/tv/ 16.89% for people with a toxic credit history 16.91% for people who've never borrowed Bizarre, but true. It’s a really sorry state when you have to go into debt to prove that you are credit worthy. There must be a market opening for a credit scoring agency that will pick up the good credit risks who are generally solvent. But that’s not why I’m posting.

The sad fact is that the thrifty and frugal may inherit the earth but they still get offered worse interest rates than bankrupts. Look at this:

http://www.capitalone.com/tv/

16.89% for people with a toxic credit history
16.91% for people who’ve never borrowed

Bizarre, but true.

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