Tuesday, August 9, 2011

Need Help Getting First Credit Card at 19?

I understand under the Credit Card Act of 2009 those under 21 cannot be approved unless he/she can provide sufficient income or have a co-signer. I currently am a college student and have a part time weekend job for the past six months. I have not applied for any credit cards yet and have a checking account but want to apply for a credit card. I have checked many credit card sites and found a couple of good offers for those with limited to no credit history. In the application online they say for those under 21 please provide personal income. However, I cannot locate any locations to input my personal income except my Household income which I believe is my job family and my income combined. I am not sure how to provide income in this case and even if there where I do not know if I will be approved even though I have a job. I really want to get a credit card since I want to build credit and my parents will not co-sign for me. Before anyone goes on about why I should not worry about getting into debt and just use your debit card or that you have to be 21 to get a credit card please understand that I know the implications of manage my finances and have read the new laws for obtaining a credit card and it clearly states I can obtain one without a co-signer as long as I can provide income. My problem is that I cannot find anything more than providing my household income or in some cases just my employers name. What steps can I take to raise my chances of being approved for a student credit card since I have individual income and a bank account. Thank you.

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