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  #1  
Old 07-11-2008, 01:57 PM
heyjude heyjude is offline
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Default tips to build credit history

Hi, I have just finished school and I don't have any credit history. How can I build credit? I don't really want to get a credit card. Any tips would be appreciated. Thanks
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  #2  
Old 07-11-2008, 02:26 PM
sunshine sunshine is offline
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You can get a Secured credit card. It is not really a credit card because you have a cash deposit and can't go over the limit. It is like a debit-credit card but it builds credit history. It is used mainly from people with no credit history or from people with bad credit.
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  #3  
Old 07-15-2008, 07:54 PM
Canadian Canadian is offline
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You should be able to qualify for regular credit card with a low limit and in your situation this seems like the easiest way to start building credit history. Why don't you want to get a credit card? Are you afraid that you cannot control your spending?
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  #4  
Old 07-16-2008, 03:43 PM
heyjude heyjude is offline
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Thanks for the tips! I appreciate it. I will go with the secured credit card first
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  #5  
Old 04-22-2009, 10:59 AM
Lumber Joe Lumber Joe is offline
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Quote:
Originally Posted by heyjude View Post
Hi, I have just finished school and I don't have any credit history. How can I build credit? I don't really want to get a credit card. Any tips would be appreciated. Thanks
You can get secured offshore credit card for instance.


Last edited by Lumber Joe; 01-10-2010 at 04:00 PM.
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  #6  
Old 04-27-2009, 03:28 PM
Canadian Canadian is offline
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Quote:
Originally Posted by Lumber Joe View Post
You can get secured offshore credit card for instance.
Why would I need an offshore secured credit card, if I can get a normal secured credit card from any of the big Canadian banks?
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  #7  
Old 04-28-2009, 06:52 PM
trent trent is offline
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Just go for a secured credit card with a low credit limit, and in a year or so after a good payment history, you should be able to get a regular credit card.
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  #8  
Old 07-23-2009, 12:10 PM
jackbrennan76 jackbrennan76 is offline
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Thanks for the discussion. Its a nice thread about credit card for the new user. It help me a lot.
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