Take Your Time to Build Your Credit

Build your credit slowly and be cautious...

This is a common problem with the young adults today in life.
many adult are 18,going to college living the night life and working part time.
it seems as if you just graduate from high school and the credit card offers start pouring in. So many young adults think "oh only one credit card is fine" and do not realize the effects of these hefty credit tickets.

With so many credit cards having such high interest rates due to no previous credit history one single missed payment can spell disater.

instead you should be highly advised to take your time to "build your credit" and be very cautious of annual fees and high interest rates.

Talk to some one with experiance in the finacial field not all offers can be as great as they seem.

However,
If you do recieve a credit card pay your bill on time and pay more then the min. payment. by doing this it keeps your credit in great standing and over time builds your credit slowly, the right way.

Never max out your credit card and carry over a monthly balance from month to month.
This does no look very well to other potential lenders and can lead to future turndowns.

First step should be to open a savings and checking account and begin to build your savings account just a little over three months and then try to opt in for a low limit credit card through your bank. Many times your existing back can work out a lower interest rate which can prove to be very much a plus feature to have.