US new comers ki Credit History

[GunturGongura]

Just now, rrc_2015 said:

Apply discover secure card . .. ne money tho ne Niku credit insthadu. Oka 4,5 months use it and pay on time every month. See the difference in Credit Karma. 

 

Next go for actual credit card based on your score and need. 

secure card tiskokapote credit history build Avvada?

[rrc_2015]

1 minute ago, GunturGongura said:

secure card tiskokapote credit history build Avvada?

 

1 minute ago, GunturGongura said:

secure card tiskokapote credit history build Avvada?

Avthadii ..... But slow.

Secure cards are meant for building credit score. 

[rrc_2015]

Cap.one, DCU lo kuda unnay sec cards

[GunturGongura]

2 minutes ago, rrc_2015 said:

 

Avthadii ..... But slow.

Secure cards are meant for building credit score. 

enta time padtadi?

[rrc_2015]

Just now, GunturGongura said:

enta time padtadi?

 

Just now, GunturGongura said:

enta time padtadi?

Depends .... 

For me when I came to us..... I applied 2 cards, both rejected. Friend suggested cap.one sec card. Took it for $100 and used it for 5 months. 

First of all credit got created and it jumped to above 670 in 5 months.

Then I applied amex which got approved for $6000. 

[GunturGongura]

Just now, rrc_2015 said:

 

Depends .... 

For me when I came to us..... I applied 2 cards, both rejected. Friend suggested cap.one sec card. Took it for $100 and used it for 5 months. 

First of all credit got created and it jumped to above 670 in 5 months.

Then I applied amex which got approved for $6000. 

okay nenu sep nunde using cc adi secure kadu but discover it card..ipdinka enni days wait cheyali build avdaniki?

job ela undi, apdu data side trying anav emaindi

[rrc_2015]

2 minutes ago, GunturGongura said:

okay nenu sep nunde using cc adi secure kadu but discover it card..ipdinka enni days wait cheyali build avdaniki?

job ela undi, apdu data side trying anav emaindi

Job bane undi ..java dev.. Data meeda try cheyyledu ... Chudali future lo 

 

Check your credit score in Credit Karma. It shows what are affecting your scores and how it is growing. 

[GunturGongura]

Just now, rrc_2015 said:

Job bane undi ..java dev.. Data meeda try cheyyledu ... Chudali future lo 

 

Check your credit score in Credit Karma. It shows what are affecting your scores and how it is growing. 

inka records not found ani vachindil....monthly anni munde pay chesestunna

[rrc_2015]

1 minute ago, GunturGongura said:

inka records not found ani vachindil....monthly anni munde pay chesestunna

Oh. Don't know then. 

[Quickgun_murugan]

16 hours ago, nokia123 said:

emi cheyyakkadledhu......simple gaa DCU ki call cheyyi SSN number icchi credit card theesuko....

credit history meedha -ve marks emi leka pothe 3K credit limit isthadu veedokkade 

 

@nokia123 bro.. DCU credit card isthada without job or anything... just on new ssn?

adi oka 5-8 months use cheste credit history peruguthunda?

[ve_ndor_bad_cows]

18 hours ago, mekapichal_mnthmkora said:

penchukovatam ela.. SSN undi but no credit cards , no job no income.. still credit history ela penchukovochu..

Help folks..

@Spartan @k2s @Quickgun_murugan  and all other DB peddalu.

mekapichal_mnthmkora daily thinu --- adhe peruguthadi automatically

[Quickgun_murugan]

9 minutes ago, ve_ndor_bad_cows said:

mekapichal_mnthmkora daily thinu --- adhe peruguthadi automatically

[phatposts]

CC vishayam lo raka rakala myths untayi. Read for yourself. This is what I suggest for almost everyone (it worked fine for everyone)

Try to create a profile on credit karma. There is a chance your info could not be verified. Don't stop there. Send whatever info they ask via email/mail/fax. Wait for the account to be created. What happens is Credit Karma (CK) updates the 3 bureaus as well (I know abt the eqifax hack, ippudu topic adi kaadu)

Wait for a couple of months and you should see some sort of score (usually 650s)

Do not apply for chase cards (Evaro mee friend ki vaste nenemi cheyyalenu). Usually chase prefers not to extend credit to people with no/young history.

My recommendation is apply for Discover Card. First year they double all your cash back essentially making that a 2% card. Every quarter 1500 daaka 5%. If you can max out that is $300 per year. First year ki $600 avutundi.

After your discover card, start evaluating different cards.

I can talk about travel rewards cards and cash back cards for days. I consider myself an advanced travel hacker. 

What ever cards you apply keep these in mind:
Unnecessarily never do balance transfers. 
Never apply store cards (like Gap, TJ Maxx, Macys, Kohls etc).
Banking relationship is far more superior than you think.
US Credit card benefits are phenomenal if you can carefully use them.
If you want to understand and play the credit card rewards game, think of this as a marathon but not a sprint. 

Neeku emanna Qs unte adugu I will answer. I prefer to answer directly here so that  everyone can chime in with their opinion. Maree mohamatam gaa unte PM me. 

 

[Quickgun_murugan]

26 minutes ago, phatposts said:

CC vishayam lo raka rakala myths untayi. Read for yourself. This is what I suggest for almost everyone (it worked fine for everyone)

Try to create a profile on credit karma. There is a chance your info could not be verified. Don't stop there. Send whatever info they ask via email/mail/fax. Wait for the account to be created. What happens is Credit Karma (CK) updates the 3 bureaus as well (I know abt the eqifax hack, ippudu topic adi kaadu)

Wait for a couple of months and you should see some sort of score (usually 650s)

Do not apply for chase cards (Evaro mee friend ki vaste nenemi cheyyalenu). Usually chase prefers not to extend credit to people with no/young history.

My recommendation is apply for Discover Card. First year they double all your cash back essentially making that a 2% card. Every quarter 1500 daaka 5%. If you can max out that is $300 per year. First year ki $600 avutundi.

After your discover card, start evaluating different cards.

I can talk about travel rewards cards and cash back cards for days. I consider myself an advanced travel hacker. 

What ever cards you apply keep these in mind:
Unnecessarily never do balance transfers. 
Never apply store cards (like Gap, TJ Maxx, Macys, Kohls etc).
Banking relationship is far more superior than you think.
US Credit card benefits are phenomenal if you can carefully use them.
If you want to understand and play the credit card rewards game, think of this as a marathon but not a sprint. 

Neeku emanna Qs unte adugu I will answer. I prefer to answer directly here so that  everyone can chime in with their opinion. Maree mohamatam gaa unte PM me. 

 

Good post. I agree with @phatposts

[princeofheaven]

On 11/17/2016 at 5:50 PM, aviator said:

account a bank lo vunte akkadiki velli adugu credit card. i have seen people who got rejected online but bank people were able to push through for credit card.

or else secured card as mentioned above

 

 

yes i got the credit card through wells fargo when i was a student with no credit history