Quote:
Originally Posted by Ant
I'm not even 19 yet, so I kinda don't have a credit score. I have a job and a 2nd one that I go to occasionally. I would never screw my own Grandma over.
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At 19, I had no credit history and bought an almost-new car for $12,000 (co-signed by my dad). The economy was better back then, though...
Quote:
Originally Posted by FNKNSTN
I'm 26 years old, my credit score is around 740, but I still got rejection letters from some banks regarding my "Lack Of Credit History". I got my first credit card when I was 19 years old... never missed a payment... and usually paid the balance in full every month. I guess 7 years of good history isn't enough for banks these days.
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Paying it off every month is why you have a lack of credit history. Let them make some interest on you, show that you can borrow now and pay back later; then they'll believe that you can borrow bigger now and pay back later (and that they'll make money).