so you can not build your credit as illegal!!!

Today, i went to bank of american to apply for credit card but they said they can only
issue me secured credit card . And they said I can not build a credit!!!!!

anyone experience the same?

You can. I built it w a secured card and moved on to regular credit cards. Your banker has no clue what hes talking about. I did it with BoFA too.

they said that for secured credit card. i have to pay( not sure)300$ dollar and 36 anual fee.


so what do i do next?

just accept secured credit and move on to regular credit card later?

i have no job , no income my parents gave me money so this could be a reason they deny me regular credit card?

Correct. You have to prove to the bank that you're able to manage your own money before thy can lend you theirs. I started with a secured one (300$) the. A regular one a year later. My credit is now at my low 700's.

so if i want credit card i have to PAY 300$ dollar and 36$ annual fee.?

should i just wait for CIR to pass so i dont have to pay 300....? it is better

A secured credit uses your own money to build credit(through you depositing money on to it), basically anything you purchase with that card will get reported to credit companies until you're qualified to obtain a non secured credit card.

Uh, what? I applied for a Discover Card and got approved. Same with Citi. oO

Different for everyone. Did you have any sort of credit before?

You're not paying. You're depositing it to use it for pirchases, then at the end of the year they give you the money back. The only thing you pay is the fee. It's completely worth it and youd be wasting precious time not starting now.

BUT can u build your credit using secured credit card???

they said i cant build my credit