I am a rising college senior, and I expect to graduate May 2011. I want to find ways to raise my credit score, and start repairing my credit immediately so that I will be able to buy my first car and maybe get an apartment when I get my first job within my major. I do not have a credit card, and I really would prefer to not get one, but if it would help to start fixing my credit now I will get one (i’m not concerned about overspending, but I don’t want to have a credit card that I never use either b/c I have read that they will not help your credit either). Here are the things that I saw on my credit report when I checked it:
My student loan (this will not affect my score until after I graduate and have to start paying the money back which should be around $ 25,000)
Three defaulted hospital bills showing up (at one point my mom’s insurance was canceled and on top of that I ended up having to go to the emergency room three different times during this period)
I am also concerned that if I do apply for a credit card I will not be approved, I know when a credit report is done for you this also brings down your score. I have been a part time employee with a well known clothing company for almost four years (I started my senior year of high school but now I only work when i’m on breaks from school), but I also work at school (I expect to get paid around $ 200 a month). Will any of these be considered when I apply for a credit card?