http://www.student--creditcards.com/2010/02/need-helpadvice-on-opening-a-credit-card/ Helping students pick a credit card Mon, 31 May 2010 22:33:45 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://www.student--creditcards.com/2010/02/need-helpadvice-on-opening-a-credit-card/comment-page-1/#comment-154 Searching Tue, 09 Feb 2010 01:35:45 +0000 http://www.student--creditcards.com/2010/02/need-helpadvice-on-opening-a-credit-card/#comment-154 well first off, be careful about putting in too many applications. several applications in a short period of time can hurt your score. Second, I would suggest first premier bank for your first card. Most of their cards are auto-accept and it's a great way to build credit, I got mine when I had almost no credit and got a 9.9% rate. The main downside to this however, is any auto-accept credit card will result in a drop in you're credit score. Mine was dropped by around 30 points! But keep making you're payments on time and don't let you're balance on the card exceed 50% of the limit and you will see it rise in no time =] well first off, be careful about putting in too many applications. several applications in a short period of time can hurt your score. Second, I would suggest first premier bank for your first card. Most of their cards are auto-accept and it’s a great way to build credit, I got mine when I had almost no credit and got a 9.9% rate. The main downside to this however, is any auto-accept credit card will result in a drop in you’re credit score. Mine was dropped by around 30 points! But keep making you’re payments on time and don’t let you’re balance on the card exceed 50% of the limit and you will see it rise in no time =]

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