First Time Credit Card Application
Alright, where to start. I'm entirely new with this, i've been poking around reading the site and trying to gleem what i could from online resources but i've decided to just register here and ask for some guidance. General Data: I'm 24 years old. Never had a credit card. Low income (i typically wait tables). Student. I did what seemed most sensible and attempted to look up my credit report with annualcreditreport.com ---- Experian guided me to a page saying I have 0 negatives and 0 positives on my record, but it seemed impossible to get any actual number from them without paying... After submitting my request with equifax they said my information did not match my file and refused to disclose it online. Trans-union said essentially the same thing, although they offered to validate via phone by calling, guess what, my OLD home's telephone number that no longer even has service. SO that left me bashing my head against the wall. This information would have been quit pertinent as i have a few possible blemishes from my past that i have no idea how they have affected me or if they have at all. These Potential Blemishes Are: ---A title Loan in 2009 that was paid in full within two months. ---A 100-150 late free from blockbuster from 2005 (my friend borrowed my card and never returned anything, blockbuster passed it to collections, i was young at the time and didn't even really care or understand the potential impact on my future) ---An overdrafted account with Colonial Bank (Now BB&T) passed on to collections (i originally overdrafted 6 dollars and by the time i realized it i had accrued 760 dollars in late fees, overdraft fees, penalties, etc. This was passed on to a collections agency.) I am about to sell my car (2003 Buick) and pay off all my debts, i imagine this would be the first step, aside from arguing my case in each instance. Alright, now i am attempting to get my first credit card and start building credit from what i think is "limited or none". I could be wrong, but i don't think i have "bad" credit. So far my best plan is to pay off debts, get a Visa student card and spend 10% each month and pay in full. I have grown up quite a bit in the last few years and am actually quite on top of things and very conservative with my spending and general finances. Any advice on this complicated situation is MUCH appreciated. Thanks in advance.
Categories: credit-cards Tags: actually-quite, colonial-bank, complicated, friend-borrowed, general-data, limited-or-none, potential, spending, these-potential, time, typically-wait
Huge potential for Islamic finance in Kenya
Huge potential for Islamic finance in Kenya
08 February 2010 LONDON: Kenya is fast developing as the Islamic finance hub of East Africa. The Central Bank of Kenya (CBK) has already licensed two Islamic banks – Gulf African Bank (GAB) and First Community Bank (FCB) – under CAP 488 of the Banking Act of Kenya.
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HSBC Card Approval
I don't know what credit reports HSBC checks, but I was just approved for a HSBC Platinum Mastercard with a 300 CLI. Does anyone know if I have the potential for a higher credit limit? I want to use this card to get cash back on monthly bills.
Categories: credit-cards Tags: card, cli, credit, credit-reports, get-cash, higher-credit, hsbc, platinum, platinum-mastercard, potential