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Establishing credit with no credit or credit card?

Question by Alan: Establishing credit with no credit or credit card?
How would I go about establishing credit with no credit or credit card? I am 21 with no credit or credit card, just a checking/savings account with a debit card. And thats all I want for the rest of my life. I dont spend money unless I have it so I’m not looking into getting a credit card and dealing with all the mess(signing up, extra cards in my wallet, charges, etc). So how can I?
I dont think i can even have my own verizon cellphone plan with no credit unless I put down a huge deposit.

Any help or tips are nice!
Thanks

Best answer:

Answer by Toni
Credit cards are free to use.
If you pay the bill in full each month, you never pay interest and can easily get amazing scores without ever paying a penny.
Any other way of establishing credit will cost you money.

If you get an answer to get a secured card – remember that this card turns into a credit card.
So if you don’t like credit cards – don’t do it.

Secured loan – best way – but will cost you (vs. a free credit card).
With this loan you deposit $ 1,500 to $ 3,000 into a savings or cd and you make a secured loan against it.
Tell the bank what you are doing upfront, and spend at least one year paying back.

Re-consider getting a credit card.
It’s a 100% free way to get top credit ratings without ever paying a penny.
Just make sure you can pay in full each month.
If you ever carry a balance and pay interest it can easily destroy your credit and your life.
47% of Americans pay in full each month (never paying interest or any type of fee).
They have the top scores – could you be one of them???

Know better? Leave your own answer in the comments!

secured credit card?

Question by babydoll: secured credit card?
What exactly is a secured credit card?

Best answer:

Answer by KyOOt T
Prepaid credit card. You have to deposit money first into the card before you use it.

What do you think? Answer below!

Visa Debuts Chip Card Campaign

Visa Debuts Chip Card Campaign
“The adoption of chip technology has the potential to virtually eliminate counterfeit fraud when widely adopted, and will help consumers feel more confident about using their payment cards,” Ellen Richey, chief enterprise risk officer at Visa, said …
Read more on Credit Union Times

Medicine Prices At Risk Under Pacific Trade Draft: Critics
The 77-page draft chapter, dated May 16, showed a push to extend protection for drugs and other medicines which would keep prices high for longer and delay the introduction of cheaper generic alternatives, according to legal experts and groups …
Read more on Business Insider

Apple Pay hits US stores Monday — assuming buyers can find anywhere to use it
A person's account information, including the 16-digit card number, is not stored on the phone or with the merchant, according to the credit card companies and Apple. Instead, token technology allows a unique digital Device Account Number to be …
Read more on Computerworld

Dorian Torres drove deceased father's car, used credit card

Dorian Torres drove deceased father's car, used credit card
Dorian M. Torres drove his father's vehicle multiple times, including once to classes at South High School, for days after he allegedly bludgeoned his father to death and hid his body inside their apartment, witnesses testified Tuesday morning on the …
Read more on The Sheboygan Press

Credit card theft suspects sought in Sequatchie County
The Sequatchie County Sheriff's Department is requesting assistance from the community on identifying the two suspects in the photographs. These two suspects have stolen a credit card and made transactions at several locations in Sequatchie County.
Read more on Chattanooga Times Free Press

Residents targeted by credit card scammers

Residents targeted by credit card scammers
When the wife contacted Ipayment to inquire about the account, she was told that a business account was opened under Timberwood Construction in September. The woman told the deputy that although the account was opened using the correct address, …
Read more on Coeur d’Alene Press

KKR third-quarter earnings beat expectations amid surge in cash
Its economic net income (ENI), a metric of profitability that takes into account the mark-to-market valuation of the portfolio, was $ 419 million on a post-tax basis, down from $ 571 million a year ago. This translated into … KKR's divestments in the …
Read more on Reuters

Q&A: Student credit card?

Question by Korey B: Student credit card?
I am looking for a good student credit card to see my through college. Where can I go?

Best answer:

Answer by William S
I’ve linked both a list of student credit cards, and a page about managing your credit. Don’t assume you can only get the student cards, though; as long as you have a good credit rating, you can get good cards even with low income. (I’m a student myself, but none of my cards are student cards, and the limits are decent)

Know better? Leave your own answer in the comments!

Police: Banks Lost Over $9000 To Credit Card Skimming Operation On Long

Police: Banks Lost Over 00 To Credit Card Skimming Operation On Long
GARDEN CITY, N.Y. (CBSNewYork) — Two men were charged Thursday with using a skimming device to capture credit numbers and create fraudulent cards – resulting in losses of $ 9,000 to multiple banks. Kenneth Osias, 30, of Brentwood, and Otis Barnes, …
Read more on CBS Local

5 Most Important Things To Consider When Picking A Credit Card
If you are interested in obtaining a new credit card, then you need to think about a few of the critical factors that should go into that decision. Applying for a new credit card should not be a decision made lightly, and there are credit cards …
Read more on LowCards.com

Lastest Card Processing News

New Online Gambling Credit Card Codes Bring About Payment Processing
PartMasterCard and Visa issued several new credit card codes to help banks differentiate between licensed state-run, legal online gambling, and illegal online gambling transactions. The three new codes carved out these legal activities from the …
Read more on OnlinePokerReport.com

Merchant Warehouse Named Third Best Credit Card Processing Service by
NAPLES, FL–(Marketwired – July 07, 2015) – topcreditcardprocessors.com, the independent authority on credit card processors, has named Merchant Warehouse the third best credit card processing service for July 2015. Each month the independent …
Read more on Consumer Electronics Net

Detroit Zoo gift shop has credit card security breach
The Detroit Zoo's gift shop has suffered a data security breach, zoo officials said today. The zoo's third-party vendor that handles its retail services, Denver-based Service Systems Associates, detected malware in its software at nine zoos across the …
Read more on Detroit Free Press

Discover Eliminates Some Credit Card Perks | Credit.com

Discover Eliminates Some Credit Card Perks | Credit.com
Discover is “streamlining” cardholder benefits, eliminating some perks that offered customers help in times of emergency. Starting Aug. 1, consumers with Discover credit cards will no longer have access to 24/7 travel assistance, which is essentially a …
Read more on Credit.com News (blog)

Have you seen this man? WPD looking for credit card fraud suspect – WECT.com
The Wilmington Police Department is asking for the public's help in identifying a man wanted in connection to credit card thefts and fraud. (Source: WPD). WILMINGTON, NC (WECT) -. The Wilmington Police Department is asking for the public's help in …
Read more on WECT-TV6

JCPD arrest woman in credit card theft investigation | WJHL
Johnson City Police Department officers arrested a woman Monday, following an investigation into a report of a credit card theft. According to a JCPD news release, a report was filed by a woman who said her credit card was stolen and then used several …
Read more on WJHL

This Week In Credit Card News: Days Of Paying Cash Are Gone, Mobile Pay Not

This Week In Credit Card News: Days Of Paying Cash Are Gone, Mobile Pay Not
It's all in the cards–the days of cash and carry are long gone. That's the finding of a recent survey that asked more than 500 people about their preferred payments methods. When people pay in person, 42% use debit cards and 38% use credit cards, while …
Read more on Forbes

7 Dangerous Credit Card Mistakes You're Making
Credit can also bail us out of a jam, especially if our emergency funds aren't quite up to the task. Unfortunately, that convenience comes at a price. Aside from uncontrolled, in-the-moment spending, credit card use opens us to a variety of dangerous …
Read more on U.S. News & World Report (blog)

5 Credit Card Features You Wish You Had — That Actually Exist
Many credit cards that offer huge sign-up bonuses don't provide much long-term value in terms of ongoing rewards and extra features. The Nerds found five credit cards that offer unique features that may alone provide a compelling enough reason to apply.
Read more on NerdWallet (blog)