Comments on: 18 year old looking to develop good credit? http://www.mobilemerchantaccount.net/18-year-old-looking-to-develop-good-credit The Best In Telephone Credit Card Processing Sun, 20 May 2012 22:08:12 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Jon K http://www.mobilemerchantaccount.net/18-year-old-looking-to-develop-good-credit/comment-page-1#comment-1307 Jon K Sun, 01 Aug 2010 22:58:09 +0000 http://www.mobilemerchantaccount.net/18-year-old-looking-to-develop-good-credit#comment-1307 Due to a new law passed last year by President Obama, you may only obtain a credit card before the age of 21 under 2 circumstances. 1. You can prove that you have a sufficient income, or 2. your ;parents co-sign for the credit card. Due to a new law passed last year by President Obama, you may only obtain a credit card before the age of 21 under 2 circumstances. 1. You can prove that you have a sufficient income, or 2. your ;parents co-sign for the credit card.

]]> By: Tom K http://www.mobilemerchantaccount.net/18-year-old-looking-to-develop-good-credit/comment-page-1#comment-1308 Tom K Sun, 01 Aug 2010 22:58:09 +0000 http://www.mobilemerchantaccount.net/18-year-old-looking-to-develop-good-credit#comment-1308 The only way you get credit is by getting loans. Debt can be scary because it can get easily out of hand, but if you pay your bills on time and pay at least double the minimums, you'll do just fine. Remember never to get yourself in credit card debt more than 15% of you annual income, don't get frivolous loans and make sure the biggest ones you EVER get are a Home loan and an Auto loan. Don't try to live above your means and remember, the more you borrow, the more you pay in interest. Hope that helps. The only way you get credit is by getting loans. Debt can be scary because it can get easily out of hand, but if you pay your bills on time and pay at least double the minimums, you’ll do just fine. Remember never to get yourself in credit card debt more than 15% of you annual income, don’t get frivolous loans and make sure the biggest ones you EVER get are a Home loan and an Auto loan. Don’t try to live above your means and remember, the more you borrow, the more you pay in interest.

Hope that helps.

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