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For Newbies who have no credit


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As many young American move from childhood to adulthood they are faced with a grim reality. They have no credit, and now they are classified and bunched with those who have bad credit. Any creditworthiness you acquire is directly linked with credit lines that you have on your file. Each credit line is gained when you apply for credit cards, buy a car, get a bank loan etc. So to gain a credit line, you must have good credit and to have good credit you must have credit lines.

The truth is that no credit is worse than bad credit. This has been the problem for most young Americans. One way to eliminate this problem and build credit is to acquire a collateral bank loan and once this is paid back you automatically have a credit line. This is part of do it yourself credit repair. Using this technique one can easily erase bad credit or build new credit. Most banks are willing to offer this service to young people because the bank knows that good credit is all that matters in the world today and building your credit report from a young age will give you a head start among your peers. Fixing your credit by yourself using this technique is a very reliable was of credit repair and credit building.

Credit card companies can be very reluctant to even offer you a low limit credit card knowing that you have no credit at all or bad credit. If one is offered it is usually a secured credit card with high initial annual fees and high rates. It is very valuable to perform credit repair by yourself using this technique because you have more control of your credit score. Also it will be impossible to purchase a car or a home without any credit lines.

A bank collateral loan requires a deposit into your bank of choice then the ability to request for a loan that is equal to the amount deposited. A reasonable term would be one year to pay back the loan on a monthly basis. Asaniwells Financial group provides various do it yourself credit repair techniques that are easy to apply and can help you erase bad credit from you credit file or build new credit. Problem solved.

Get more advice and tips on credit repair at ****** DELETED BY DIVEMEDIC ********** SPAM

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::Spam::

One of the reasons I love and respect this site is ALTHOUGH they do have services and publications to sell, they DO NOT hesitate to help and share information that is available. Anyone truly can help themselves 100% for free here.

That to me, spells INTEGRITY, and therefore means this site runs circles around other sites I've seen.

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Honestly, I'm not familiar with USA Platinium...unless someone pops in that knows them, I'd suggest you proceed with caution.

If this is legitimate, a $149 fee to qualify for a credit line that gets reported as having a $7500 credit limit, and that you can use to actually buy things you might need...sounds like a standard premium credit card. AMEX Optima for example has (or at least did, when I had one) a yearly fee.

Read the fine print throughly before you send them money...

Let us know what you find out...

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I get those offers for credit lines all the time. Most of them claim to improve your credit by reporting the credit line every month. Does anyone know if they have to if they claim to? I would think they'd be legally obligated to if they advertise it.

Also-keep looking, there are other credit lines that cost way less than that one to apply for.

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