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re: First credit card for college student, no credit history

Posted on 3/10/15 at 8:33 am to
Posted by The Mick
Member since Oct 2010
43222 posts
Posted on 3/10/15 at 8:33 am to
quote:

You should start paying something small (15-20$) to that student loan every month. I promise you, you will thank me for this advice later.
This is for a family member, not me - but Ive never thought of that. Did that boost your score?


quote:

If you don't think you'll qualify, look into getting a USAA membership. They have a guaranteed approval rewards card. That is what I started on with a 300$ limit and worked my way up
With only the student loan I'm skeptical and don't want the inquiry if it wont be approved. USAA is a good idea, do you know if a grandchild of military is eligible?
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 3/10/15 at 5:36 pm to
Call the student loan place. Should be reported as being paid off to a degree I believe


He is eligible for USAA with a grandparent who served. Look on Google what would be required but the answer is he should get USAA and most would recommend doing all his insurance through them. I've also been satisfied with banking with them


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