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Updated over 5 years ago,
Credit Score Building Help?
At the start of my RE career, and it's time I start earning credit...
I've only ever used my checking account for my transactions, so I currently don't have ANY credit.
My checking has about $1500, and I am earning 550 a week during this summer.
I have a lot in savings, but I was declined from Discover It Secured card. I'm waiting for the letter as to why, but I intend to fix them and reapply.
I need to start building credit ASAP so I can house hack soon, but I don't know if I should apply for a different secured card (which no other that I've found offer rewards or cash back), or if I should wait and reapply for Discover... Or do both?
Any suggestions on how to build credit from nothing? Or why I got declined?