Q: I need a credit card just to build credit. I'm 34 years old, and have a 640 credit score. I travel overseas 3 times a year on Delta. Any suggestions?
Q: I make plenty of money, but I need a credit card just to build credit. I'm 34 years old, and have a 640 credit score. I travel overseas 3 times a year on Delta. Any suggestions?
A: You've already cracked the Catch-22 of credit: You can't prove how good you are at managing your credit until you've got some credit to manage. Fortunately, your lifestyle patterns might encourage some lenders to take a leap of faith with you.
Your 640 credit score limits your options, but your age, your income, and your traveling schedule offer hints to the kinds of credit cards lenders may be willing to approve you for. As always, remember to manage your credit utilization and pay your balance every month to get the biggest bounce on your credit score.
Take a look here for some offers that may interest you.
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