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Yes - and no... It depends on whether the individual teenager is capable of using a credit card sensibly, and would likely pay back the balance quickly.
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∙ 7y ago
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How can teens get a low interest credit card?
It is not recommended for teenagers to have credit cards as it would be more ideal to wait until they are more mature. Teenagers can apply for credit cards but are often declined due to low income.
How many credit cards should you have to build credit?
Number of credit cards do not matter, what matters is your payments. As long as you pay in full every month and don't go over 30% on your credit cards you should see maximum results..
How do credit cards build credit?
Credit cards aid to build credit history in the same manner that any debt, whether it is from purchasing a car or by just paying rent. Be responsible with credit cards. You should not overspend.
Where can I get instant credit cards for bad credit?
It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.
How can i find out if deceased father had credit cards?
Get a credit report on him. Try https://www.annualcreditreport.com/ or www.equifax.com/ and a list of his credit cards should pop up.
How can teens get a low interest credit card?
It is not recommended for teenagers to have credit cards as it would be more ideal to wait until they are more mature. Teenagers can apply for credit cards but are often declined due to low income.
Why most Americans should not have credit cards?
Why most Americans should not have credit cards.
How many credit cards should you have to build credit?
Number of credit cards do not matter, what matters is your payments. As long as you pay in full every month and don't go over 30% on your credit cards you should see maximum results..
How do credit cards build credit?
Credit cards aid to build credit history in the same manner that any debt, whether it is from purchasing a car or by just paying rent. Be responsible with credit cards. You should not overspend.
Where can I get instant credit cards for bad credit?
It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.
How can i find out if deceased father had credit cards?
Get a credit report on him. Try https://www.annualcreditreport.com/ or www.equifax.com/ and a list of his credit cards should pop up.
The late fee penalties on credit cards are too high and should be lowered.?
The late fee penalties on credit cards are too high and should be lowered.
Should you make payments on some credit cards if you cannot on all cards?
yes.
I filed bankruptcy for my credit cards my wife has her own credit cards in her name am I obligated to pay her credit cards also when we get a divorce?
If your name is not on the account, and the account is not considered a "joint account" by the credit card company, then you should not be held liable for any debt on your wife's credit cards.
What should you do if your credit cards are stolen?
call and cancel them ASAP
What does it mean when you dream of credit cards?
you should play lotto
Why should you buy plans for a credit card?
Because credit cards can make spends (Example)
