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Member
rachel37
Posts: 8
Registered: ‎09-25-2007
0

getting credit established

My husband has recently become a legal resident of the US and has a new SS #. What is the best way for him to establish credit. Can I add his name onto my accounts and would this help him to get a credit card? Would a file start in his name showing this or would it just be on mine?
Epic Contributor
Creditaddict
Posts: 20,055
Registered: ‎10-23-2007
0

Re: getting credit established

that would start a file for him.
might want to consider a secured credit card for him.
it will take 6 months for his credit to generate a score once he has accounts. then he can start applying for the real stuff.
 
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Member
rachel37
Posts: 8
Registered: ‎09-25-2007
0

Re: getting credit established

Thanks for your answer.
What is a secured credit card? Can you tell me of any to start with?
Epic Contributor
Creditaddict
Posts: 20,055
Registered: ‎10-23-2007
0

Re: getting credit established

Bank of America is the best
You put a min. of $300 into a savings account and they give you a credit card. After 9-12 months it can unsecure to a regular credit card and you get your deposit back.
Fico Scores: EQ 673 DCU, TU 678 Wally, EX 669 Chase(08-31-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 45 Cards in between :smileytongue:

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