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Credit Cards (pg. 6)
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| gehzumteufel |
| quote: | Originally posted by Alex
Sorry, I forgot to mention.
The idea is that you keep taking out loans one after the other until you have a solid credit history.
I learned about this in economics actually, in Canada personal loans hold more weight with your credit score than credit cards apparently, which makes this solution (in combination with a credit card if you REALLY want) ideal for building up credit history FAST. |
ahh well in the states personal loans are a bitch to get and they do hold a larger weight than credit cards but they do still put an emphasis on having credit cards. its also not necessarily to your advantage to take out those personal loans. they can work against you. having a credit card with at most $200 on it all the time works in your favor |
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| Candeeman |
Apply for the AMEX Centurion
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| gehzumteufel |
| quote: | Originally posted by Candeeman
Apply for the AMEX Centurion
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amex black has been discontinued. ;)
edit//its been discontinued in the US and UK and they will discontinue it as they see fit in other countries it does exist. |
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| iammesol |
| Just got my application. Going to say how it turns out when it does. :) |
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| JD8180 |
| quote: | Originally posted by gehzumteufel
amex black has been discontinued. ;) |
what was all the hype about with that card? |
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| bas |
| quote: | Originally posted by JD8180
what was all the hype about with that card? |
No limit. |
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| iammesol |
| Excuse me, sir. How much is that island over there? *swipes card* |
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| Palladium |
| quote: | Originally posted by bas
No limit. |
not to be handled by women |
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| Candeeman |
Or try the Visa Infinite
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| gehzumteufel |
| quote: | Originally posted by bas
No limit. |
there was no conventionally established limit, but there was a limit. it was determined by your income level. |
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| Palladium |
| quote: | Originally posted by gehzumteufel
there was no conventionally established limit, but there was a limit. it was determined by your income level. |
only bill gates has a no limit credit card |
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| biznology |
| quote: | Originally posted by gehzumteufel
do they send you offers in the mail often? i say often, not just once every like 6 months. |
yes...i get some chase ones and amex and disco like 3 or more times a month. |
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