Legen asked:
This will be my first time applying for one
This will be my first time applying for one
What would I need? For Example Checking Card, Savings Account, SSN etc
http://1mortgagecalculator.info
For this see
I hope that resolves your problem. answers.yahoo.com also helped me.
Many companies don’t loan to first time borrowers anymore.
Some people recommend getting a ‘pre-paid’ credit card, which would report on your credit, but is not actually a loan.
My mom opened a savings account for me when I was a child. When I turned 18 I added a checking account, but these don’t report on your credit unless you overdraw and don’t pay, etc.
Capital One and Target are notorious for lending to anyone. I also recommend NOT opting out of preapproved credit offers. You may get something that way as well.
Good luck.
A credit card is a card issued by a bank, retailer or consumer store, which allows purchase of goods and services on credit for a specific limit, interest rate and time period. There are a variety of credit cards to choose from, depending on the requirements of the person. You can apply for a credit card online, through paper application or by phone. Here’s how to apply for a credit card.
Step 1
Find out information about credit card plans, rates and terms on the Internet, in personal finance magazines and in newspapers.
Step 2
Fill out the paper application for a credit card of your choice, if you do not want to apply online. Ensure that the application is endorsed by the credit card company and is an original document, not photocopied.
Step 3
Apply on phone, by calling up the toll free (800) number of the credit card company of your choice. This number can be found online, through yellow pages, newspapers or magazines. Follow the automatic instructions that you hear when you call the number.
Step 4
Apply online, which is usually the easiest, fastest and most preferred method of credit card application. Go online and search for the different credit card options offered by different banks, financial institutions and stores.
Step 5
Compare the different features as regards the fixed or fluctuating interest rates, APR, credit limits, interest-free days, penalties, grace periods, schemes for cash advances and balance transfers, attractive offers and other implied costs.
Step 6
Choose one to suit your requirements and search for applying options online.
Step 7
Check for the preconditions of applying, such as a driving license number, social security number, date of birth and address proof. Usually, there is no need to have a bank account in a specific bank, nor do you need to maintain a minimum bank balance.
Step 8
Fill in the details, double check the information included, read the privacy statement and click on “Apply.”
Step 9
Apply for multiple credit cards if you choose. However, the authority to issue of all these cards simultaneously rests with the issuer, who will first ensure whether you have a reliable financial background.
The latest income statement.
You just need your personal info including birthdate and ssn#.
You also need a job and to make enough to meet their requirements for a card.
If you are under 21, you may have issues getting a card, since the new law that goes into effect on the 22nd makes it harder for those if not impossible to get credit.
Credit card applications do also ask if you have savings or checking accounts.
Go your bank,talk to them
Why not go directly to the bank? They’ll be able to explain everything to you clearly. But I have one thing that is certainly a requirement….
A stable job to pay your credit card debt with. LOL