I’m 20 and have never had a credit card before, so I was considered a ghost on many things. My boyfriend, who is 23, works for a tech company and met a great guy who was able to ‘piggyback’ and add us as authorized users on his credit. My score immediately jumped to 736, while my boyfriend’s score, which had a few discrepancies, went to 650. This happened pretty quickly, in about two weeks.
I have no experience with credit and feel nervous discussing it, so I’m looking for some honest answers from those who understand credit better than I do. Will we need to show proof of the history of certain things that clearly weren’t built by us? What’s the best route for me to take as a first-time credit card user? I know nothing about credit, and I just want to ensure I keep my score intact while learning how to manage credit responsibly. Any advice or insights would be greatly appreciated! Thanks!
It’s valid to decide not to get a credit card. While they have perks and rewards, they can lead to overspending and paying interest. If you’re not interested in learning about credit, it might be best to avoid getting a card.
@Finnley
I appreciate your perspective! I want a credit card to build my score but worry about overspending. I’ve always wanted one, but I’m concerned about managing it responsibly. Thanks for the advice!
@Kipp
If you decide to get a credit card, consider one from your local bank or credit union. A low-limit card can help you build credit without overspending. Just remember to keep it active to maintain your score.
If you can trust yourself to only spend what you have and always pay the full statement balance, look into a starter card like the Discover It. It has no annual fee and offers cashback.
Cassidy said:
If you can trust yourself to only spend what you have and always pay the full statement balance, look into a starter card like the Discover It. It has no annual fee and offers cashback.
I appreciate the suggestion! I want to make sure I choose wisely as this is new territory for me.
You should educate yourself about credit before getting a card. Read books or watch videos to understand how credit works. It’s important to know what you’re getting into.
malcom said:
You should educate yourself about credit before getting a card. Read books or watch videos to understand how credit works. It’s important to know what you’re getting into.
Thanks for the advice! I’ll look into resources to learn more.
Learn how to structure your posts for readability. It will help you get better responses. If you want more people to engage, break your posts into paragraphs.
Cassidy said:
Learn how to structure your posts for readability. It will help you get better responses. If you want more people to engage, break your posts into paragraphs.
I understand, and I appreciate the feedback! I’ll work on improving my post structure.