credit, how does it work Options

[Toyoca]

I just got an amex credit card. im new to having my own credit card. always went through my parents card (but it had my name on it w/e that means). i just got it cause i wanted to start building my credit. i dont completely know what that entails but i got one anyway lol. i basically just figured to get a car or house in the future i need credit so ppl will approve me. so is credit just using your card and paying bills on time? and if you do, you get a good credit score? is that basically it.

btw i got credit $2000. that sounds like a large amount to me given that i dont have that much a month lol. esp since i dont work right now. but sounds good to me lol. i just found it interesting cause my friends all started out with around 500 and i clearly didnt lol.

[BlackCelicaGT94]

dont go charging up a storm. i got one at 18 and it was for 1,000 and racked it up once and didnt pay anything for a year then i paid it off with insurance money and then did the same thing again and paid nothing for a year and then paid it off with tax return money and closed it. Now no one will give me a credit card and it sucks cuz id like to have a 500 dollar one for emergency use only.

i suggest buy like 200 bucks worth of stuff and paying a lil over the minimum every month so it shows u can make payments.

This post has been edited by BlackCelicaGT94: Oct 4, 2006 - 11:54 AM