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  #1  
Old 01-07-2010, 04:56 PM
XIII013 XIII013 is offline
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Default Obtaining Credit

I am 42, had a credit card in my 20s. Like most young people, I abused my card. I cancelled the card, paid it off, that was that. Here I am, 20 years later and I want to establish credit. I have worked in the Financial industry for close to 20 years now, the last 12 years at the same place. What are my best options here?
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Old 01-07-2010, 04:58 PM
trent trent is offline
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Quote:
Originally Posted by XIII013 View Post
I am 42, had a credit card in my 20s. Like most young people, I abused my card. I cancelled the card, paid it off, that was that. Here I am, 20 years later and I want to establish credit. I have worked in the Financial industry for close to 20 years now, the last 12 years at the same place. What are my best options here?
Is this card the only credit instrument you have used in the last 20 years? No mortgage, car lease/finance, line of credit?
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Old 01-07-2010, 05:03 PM
XIII013 XIII013 is offline
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It is and was my only venture into credit! No loans, no lines of credit, no store cards, rented apts all my life, so no mortgages.
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  #4  
Old 01-07-2010, 05:31 PM
Canadian Canadian is offline
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You can start with a secured credit card from any of the big 5 Canadian banks or you can try getting unsecured MasterCard with low limit from Canadian Tire.
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