I started with a credit card through my bank, I think because I'm in the military (guaranteed income) my credit limit was pretty high, $1500 to start off with, and they offered a low interest rate. I used it for small things, gas, groceries, but paid off the balance at the end of the month every month. When I applied for a loan for my car 4 years later I got a really really great rate, which is really shocking considering I was only 21 at the time. Even the dealership guys were surprised at the rate I got considering the times we're in right now.
I think you should get on a real payroll, it'll show that you do bring in some actual cash. Banks wont want to loan you money if they don't see any money coming in, i.e. would you loan cash to someone you barely know who doesn't have a job, or any source of real income? Maybe, you do seem like a good person, lol, but at the same time you wouldn't really expect to get your money back.
Good luck, the financial times we're in suck... |