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Acquiring Credit
I'm 24 years old. I work full time (40 hours a week). I make decent money, roughly $1300/month. I pay two bills every month, a car payment and a cell phone bill. My parents don't ask for rent, and they pay my car insurance. I've tried and failed to get a car (not brand new, but newer and more reliable than what I now have) numerous times. I've been told no one can help me because I don't have sufficient credit. I have two things on my credit report, totaling roughly $300. I guess my question is to start getting credit, do I have to clear my credit report? It's starting to get a little frustrating.
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Want to answer more questions in the Work & School category?
Maybe give some free advice about: Personal Finance?
The problem is that the creditors don't have enough information about your credit history. Get a credit card and use it to pay for as many things as possible. _Make sure_ that you pay them off completely, or else you'll waste money on fees and make your credit worse.
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