...pay it at the end of the month? I'm 19, will be getting a part time job soon and I am considering getting a credit card, because I want to use one for online purchases. But I'm confused as to how credit cards work, and a lot of the sites I've looked at that try to explain it are confusing or are just scam sites. I know the basic concept, it's borrowing money that you don't have ... but how much money at a time can you get access to, am I eligible for a credit card, and how do I pay it at the end of the month? Can I have the bank automatically pay it for me by taking it out of my checking account?
I also want one so I can start to build up credit.
I'm fine with limits. I asked my parents and they said they can cosign. I don't plan on getting one until I've been working for several weeks, or longer.
But, how do I get credit history without having a credit card? =/
Sorry, I'm all new to this. But surely it can't be that hard? I mean, everyone has to get their first credit card eventually (if they want a credit card), right?
I also want one so I can start to build up credit.
I'm fine with limits. I asked my parents and they said they can cosign. I don't plan on getting one until I've been working for several weeks, or longer.
But, how do I get credit history without having a credit card? =/
Sorry, I'm all new to this. But surely it can't be that hard? I mean, everyone has to get their first credit card eventually (if they want a credit card), right?