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Alabama Prepaid CollegePosted on March 19, 2010. How can I build credit? I just turned 18 in July and I guess, Alabama, you can not get a bank account, credit card, or go under any type of contract until you are 19 ... im lucky to live in a "college" town and they let me do a check or savings in regions ... i EVERY cell phone company tried to see if I could go under contract, the answer is no, and they tried to sell me on some prepaid plans ... How do I build my credit? best credit most construction is done by credit card. It is true that you will not be approved for many cards you have applied for it thats you have to find the right card from the following site. See the section for people without credit. Also be sure to read the articles very useful there. Hello! better, faster way to create a secure credit get a credit card which means you go to your bank and the deposit of any amount (I will start with 200 dolls) and ask to get a secured credit card. They "ll issue a credit card that has a deposit on this subject (your 200) you use it as an ordinary credit card and pay in full for about a year paid on time, after about 12-18 months will depend your bank, they will refund your deposit money and increase the limit on your credit card, after which time you can leave a small balance on him because having your credit card in full is bad for you credit and have no balance at all bad, by the end of the first year, you already have a small loan to build and then carefullyl, DO NOT APPLY for everything you get in the mail. Each Investigator deduct points for your credit. standingshould good credit you a maximum of 2 per inquieres year. Get a credit card. Once a month, get something that costs $ 5 or $ 10 on him and make sure you pay the bill off on time. Only use the card for this purpose and when you do not do it, give it to someone you trust responsibility as a parent, take on it so do not fall for it. This way, you can build your credit, but you do not have to worry about filling in a lot of debt. The only way to build credit is to borrow money and make payments on time. The only way to maintain a high credit rating is to keep borrowing money and continue making payments on time. All you provide is debt. The credit is a house, preferably built with bricks. It must be built brick by brick. No prefabricated building here. It takes time and patience. Start slow and steady. First, by paying bills on time and in full. If at all possible, pay at the beginning. If you have access to cable I highly recommend Dave Ramsey Show observation on Fox Business. Watch religiously. Even if you're not in debt, its principles will keep you from falling into traps of debt if it is followed. Buying things you can do the monthly payment apply 4 it CommentsThere are no comments.Leave a Comment | Newest My Friends |