{"id":22,"date":"2017-02-09T06:57:28","date_gmt":"2017-02-09T14:57:28","guid":{"rendered":"https:\/\/www.cashry.com\/blog\/?p=22"},"modified":"2023-01-30T10:38:00","modified_gmt":"2023-01-30T18:38:00","slug":"5-credit-tips-without-stealing-your-moms-credit-card","status":"publish","type":"post","link":"https:\/\/www.cashry.com\/blog\/5-credit-tips-without-stealing-your-moms-credit-card\/","title":{"rendered":"5 Credit Tips That Don\u2019t Include Stealing Your Mom\u2019s Credit Card"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Tips on the Best Way to Increase Your Credit Score\" width=\"1140\" height=\"641\" src=\"https:\/\/www.youtube.com\/embed\/STpvGRDLUd4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Rather than stealing, or ahem \u201cborrowing\u201d your mama\u2019s credit card, here are 5 credit tips you can put into action right away to start building credit. Soon, the buying power will be yours, all yours.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1 &#8211; Buy Jewelry<\/h2>\n\n\n\n<p>The first of five credit tips might sounds weird but jewelers are one of the easiest places to get credit when you\u2019ve got none to call your own. Opt for a recognized jeweler with lots of locations. Buy something that\u2019s not too pricey and ask to finance it. Then, <strong>make those payments on time<\/strong>. This will enable you to build a good credit history. Within a 3-6 months you should be able to <a href=\"https:\/\/www.cashry.com\/blog\/best-credit-card-for-young-adults\/\">apply for a credit card<\/a>. Go for one with the lowest APR and no annual fee.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"455\" src=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/jewelry.jpg\" alt=\"Jewelry diamond rings and necklaces show in luxury retail store.\" class=\"wp-image-5222\" srcset=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/jewelry.jpg 1000w, https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/jewelry-300x137.jpg 300w, https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/jewelry-768x349.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<div style=\"height:27px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"cashr-content_3 cashr-entity-placement\" id=\"cashr-3034897441\"><div id=\"cashr-3734986784\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><div> <script type=\"text\/javascript\" src=\"https:\/\/embed.hifiona.com\/script\/helper\/bundle.js\"><\/script> <iframe class=\"even-iframe\" id=\"iFrameResizer0\" scrolling=\"no\" src=\"https:\/\/embed.hifiona.com\/ui\/multi-product\/index.html?partner=loanry-savings-embed&access_token=8cd4ed8e-100a-4353-8752-57dcb4430372_4802f2cd-0b4e-4623-b23a-3fc23a7f178b&company_uuid=1c4e72b3-5950-449c-8ae5-a59c67bbda70&productType=savings&pw_fiona=true&available_products=deposits&tag.subid=4ESRW3\" style=\"width: 100%; border: none;\"><\/iframe> <\/div><\/div><\/div><h2 class=\"wp-block-heading\">2 &#8211; Buy Furniture<\/h2>\n\n\n\n<p>Same as with jewelers, furniture dealers will<strong> often extend a line of credit <\/strong>to buyers with little to no credit. If you\u2019re going away to college, you can finance that sofa bed, or, if you\u2019re getting a place of your own, get yourself a bed and nightstands or a living room couch, but be sure not to overspend. Work out the monthly payments ahead of time to be sure you can afford them. The last thing you want to do is overspend and jeopardize your credit even before you\u2019ve started.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"426\" src=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/furniture.jpg\" alt=\"Home furnishing store interior.\" class=\"wp-image-5225\" srcset=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/furniture.jpg 1000w, https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/furniture-300x128.jpg 300w, https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/furniture-768x327.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">3 &#8211; Get a Secured Credit Card<\/h2>\n\n\n\n<p>Secured credit cards require a cash collateral deposit that becomes the credit line for that account. For example, if you put $1000 in the account, you can charge up to $1000. Look for a <strong>secured credit card with the lowest APR<\/strong> you can find and few to no fees. Also prior to applying, be sure to read the fine print or call the credit card issuer directly and ask them if they report to all three major credit bureaus (Experian, Equifax, and TransUnion). You can <a href=\"https:\/\/www.cashry.com\/emergency-cash\/credit-cards\">find the best credit cards<\/a> out there, here, on Cashry.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"484\" src=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/secured-credit-card.jpg\" alt=\"A man holds the credit card\" class=\"wp-image-5228\" srcset=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/secured-credit-card.jpg 1000w, https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/secured-credit-card-300x145.jpg 300w, https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2023\/01\/secured-credit-card-768x372.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">4 &#8211; Take out a Loan with a Cosigner<\/h2>\n\n\n\n<p>If mom, dad, or Auntie Edna has great credit, ask them if they\u2019ll co-sign for you on a loan. Bear in mind, what you\u2019re asking for is no small favor. <strong>A co-signer agrees to assume responsibility for the loan in the event that you default on it<\/strong>. So, if they say yes, know that they\u2019re putting their neck out for you. As with any other loan, be sure you can make the monthly payments no matter what, even if you lose your job, need emergency auto work, whatever, just make good on your word and make that loan payment every single month. Fail to make those payments on time and your co-signer\u2019s credit will take the blow as will your own. You also need to make sure you&#8217;re going to a reputable lender for this loan. To find the best one, you really need to do your research. If you want to make this entire process a bit shorter, you can go to Cashry for help.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">5 &nbsp;&#8211; Become an Authorized User on Someone Else\u2019s Account<\/h2>\n\n\n\n<p>If mom, dad, or lovely Aunt Edna pay their credit cards on time and have good credit, why not ask them to include you as an authorized user on their account? <strong>This will help you build credit but only if the credit card they add you to requires them to include your social security number<\/strong>. If the credit card company doesn\u2019t ask for that bit of information it means they will not be reporting the credit activity on that card to the credit bureaus on your behalf. Whether Aunt Edna actually gives you your own copy of her credit card is up to her. In any case, as long as the credit card company asks for <a href=\"https:\/\/www.ssa.gov\/ssnumber\/\" target=\"_blank\" rel=\"noreferrer noopener\">your social security number<\/a>, they\u2019re reporting any and all activity (the good and the bad) and that\u2019s becoming part of your credit history.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Conclusion<\/h3>\n\n\n\n<p>So now you know&#8211;you\u2019ve got options when it comes to building good credit. Hopefully at least one of our 5 credit tips will help get you on the right path. So now, you don\u2019t have to steal your mom\u2019s credit card, you can build your own!<\/p>\n<a class=\"arb-banner\" href=\"https:\/\/mall.goalry.com\/cashry\/?utm_campaign=organic&utm_source=cashry&utm_medium=moneytipscategory&utm_content=banner\"><img decoding=\"async\" class=\"arb-banner-img\" src=\"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2022\/02\/cashry-banner.jpg\" alt=\"cashry\"><\/a><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Rather than stealing, or ahem \u201cborrowing\u201d your mama\u2019s credit card, here are 5 credit tips you can put into action right away to start building credit. Soon, the buying power will be yours, all yours. 1 &#8211; Buy Jewelry The first of five credit tips might sounds weird but jewelers are one of the easiest [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":3,"featured_media":263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[6],"tags":[22,24,23],"class_list":["post-22","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-tips","tag-credit-card-tips","tag-how-to-build-credit","tag-tips-on-building-credit"],"acf":[],"featured_image_src":"https:\/\/www.cashry.com\/blog\/wp-content\/uploads\/2017\/05\/PayDay_Loan-Lenders.jpg","author_info":{"display_name":"Liya Swift","author_link":"https:\/\/www.cashry.com\/blog\/author\/liya\/"},"_links":{"self":[{"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/posts\/22","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":5,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/posts\/22\/revisions"}],"predecessor-version":[{"id":5238,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/posts\/22\/revisions\/5238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/media\/263"}],"wp:attachment":[{"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/media?parent=22"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/categories?post=22"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashry.com\/blog\/wp-json\/wp\/v2\/tags?post=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}