Can I apply for a credit card if I don't hold a mortgage expenditure?
I am looking into applying for my first credit card. I am strict when it comes to money, so I'm not worried in the least of have a credit card; already on a very strict spending limit and I will not walk over it, no matter the circumstances.
Now, now that that's out of the path. I do not have a mortgage payment, nor do I wage rent. Still at home, with parents, moving in beside cousin in a few months, will not pay rent or mortgage nearby either. Whenever I try to apply for a credit card, I get a box that requests that I riddle in a monthly mortgage or rent payment. How can I avoid this since I don't income either?
As for those that will probably blurt out me living with my folks, still a juvenile, moving off to college in a few months. Thus, moving surrounded by with a cousin. Again, I'm on a strict spending limit, and hold never spend a penny more. Any help would be appreciated.
Thank you.
Answers:
The best channel to begin credit history is to apply for a secured credit card with the edge in which you may own a checking/savings account. That will win you started.
Yes you can. Try Capital one or Orchard Bank they are the best for students with limited or no history. They've be great to me and I'm just like you when it comes to money so you'll be fine.
Fill in zilch for your monthly mortgage or rent payment. The credit card companies deal near lots of people with no mortgage or rent settlement. You may have trouble getting a first credit card because you have no credit history. You may call for to get a parent as a cosigner or get a secured credit card. Once you build credit on the secured card, you can go and get a regular card.
Related Questions:
Is a row of credit added directly to a mortgage?
Generally not. An equity line of credit is a separate loan not a part of your mortgage. You may own a line of credit of $10,000 but only use $2,000 of it. How you use your stripe of credit has no effect on...
Now, now that that's out of the path. I do not have a mortgage payment, nor do I wage rent. Still at home, with parents, moving in beside cousin in a few months, will not pay rent or mortgage nearby either. Whenever I try to apply for a credit card, I get a box that requests that I riddle in a monthly mortgage or rent payment. How can I avoid this since I don't income either?
As for those that will probably blurt out me living with my folks, still a juvenile, moving off to college in a few months. Thus, moving surrounded by with a cousin. Again, I'm on a strict spending limit, and hold never spend a penny more. Any help would be appreciated.
Thank you.
Answers:
The best channel to begin credit history is to apply for a secured credit card with the edge in which you may own a checking/savings account. That will win you started.
Yes you can. Try Capital one or Orchard Bank they are the best for students with limited or no history. They've be great to me and I'm just like you when it comes to money so you'll be fine.
Fill in zilch for your monthly mortgage or rent payment. The credit card companies deal near lots of people with no mortgage or rent settlement. You may have trouble getting a first credit card because you have no credit history. You may call for to get a parent as a cosigner or get a secured credit card. Once you build credit on the secured card, you can go and get a regular card.
Related Questions:
Is a row of credit added directly to a mortgage?
Generally not. An equity line of credit is a separate loan not a part of your mortgage. You may own a line of credit of $10,000 but only use $2,000 of it. How you use your stripe of credit has no effect on...