whitegreyblack
  
(frozen)
| | #1 posted October 4, 2005 at 4:39pm (EST) |
sinnie wrote:
> Sandman wrote:
>
>> You would think no credit is better than bad credit. Go figure.
>>
>
> They've completely changed it. That's how it used to be, someone would
> give you a chance and you'd go from there. But now it's like I've
> been treated like a bum who can't pay her bills.
>
> But I'm making progess. Can't wait for Thursday to go around and discuss
> some options with my banks.
>
>
I went through the exact same ordeal after college. I thought never owning a credit card through college was a good idea, and boy was I wrong.
I started slowly by getting things like a Sears Card (though I was declined the first time) and other store-run credit programs to build up easy credit by buying a normal purchase on it and paying it off right away. The first step, though was keeping a good track record with utility payments as was mentioned before. I also made sure to have a close relationship with my banker at my local branch to give me advice and suggestions, and helping me get a bank credit card and set up an RRSP to really build positive credit quickly.
It's a bit of a slow road, but you'll get there. I now have absolutely no problems with credit - it's now a challenge to keep people away from me who offer me credit cards left and right! And I have never ever kept a balance on my credit card.
Just take it slow, live within your means, and try to never over-extend yourself. |
Rules Help 
- Twitter 
- Facebook 
