Denied Barclays

[whatlifeforme]

Hey, I have been a reader of these forums for a few years now, but just registered.

I am am a college student hoping to obtain a macbook pro for my college experience. I applied for barclays through apple, and a few student credit cards, but was denied by all, ouch!

Thus, now I have quite a bit of inquiries on my credit reports, with no active lines of credit. What do you suggest? I suppose student loans.

I am in the United States.

 

[Gav2k]

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Are you in the uk?? If so capital one will give you a basic card to build a history with.

If not go to your bank and actually speak to an adviser.

 

[kellen]

What were you going to do on the computer? Perhaps an older model would work, even a PowerBook. They work great for a lot of tasks. Plus you can get one for ~$200 and sell it for the same later. Could help you until you saved enough for a newer computer.

Would your parents do the barclays and have you pay for it? Or just pay them back.

You could also get a school loan and use it for a computer.

Get a job?

Just use the computers in the computer lab?

 

[rockyroad55]

Hey, I have been a reader of these forums for a few years now, but just registered.

I am am a college student hoping to obtain a macbook pro for my college experience. I applied for barclays through apple, and a few student credit cards, but was denied by all, ouch!

Thus, now I have quite a bit of inquiries on my credit reports, with no active lines of credit. What do you suggest? I suppose student loans.

I started school a couple years ago and the credit cards that have a line of credit over $300-$500 may deny you based on the fact that you probably do not have a stable credit history and a secure source of income. I went with the ZYNC card from AMEX and I purchased my MBP that way. There is a $25 annual fee and I think the card was geared towards students when I applied for one.

Also, student loans are possible. When doing my loans, I was able to factor in my personal expenses and needs (not all loans have this option) along with my tuition.

 

[whatlifeforme]

I started school a couple years ago and the credit cards that have a line of credit over $300-$500 may deny you based on the fact that you probably do not have a stable credit history and a secure source of income. I went with the ZYNC card from AMEX and I purchased my MBP that way. There is a $25 annual fee and I think the card was geared towards students when I applied for one.

Also, student loans are possible. When doing my loans, I was able to factor in my personal expenses and needs (not all loans have this option) along with my tuition.

yeah, my goal is to get an AMEX. I applied for one even though they are not very obtainable as your first card. I think I applied for the amex blue, but was denied of course. They did not have a particular "student card," that I could find.

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Are you in the uk?? If so capital one will give you a basic card to build a history with.

If not go to your bank and actually speak to an adviser.

no, i am in the United States. I went to my bank because they sent me multiple offers for a student card, not secured, and I finally applied, but was denied. I asked them about it, and basically they had no suggestions since I had no source of income.

 

[rockyroad55]

yeah, my goal is to get an AMEX. I applied for one even though they are not very obtainable as your first card. I think I applied for the amex blue, but was denied of course. They did not have a particular "student card," that I could find.

Try the ZYNC card. When I first got it, I just put student on the occupation and I got my card the next week after.

 

[crazzyeddie]

Amex definitely has student cards, in fact if you use their "card chooser" on their site, one of the boxes is "I am a student".

But, if you've already been denied so many times I wouldn't count on getting any card that isn't issued by your bank. I would contact your bank first thing and see what they offer you. Almost all banks offer some sort of student card or low-limit card to just about anyone as long as you have enough money with them. Make sure its a true credit card though, not a Visa or Mastercard debit card, as that won't do you any good.

Use the card for a year or more before even thinking about applying for anymore lines of credit. Also, do yourself a favor and lookup ways to build your credit. There are some general 'rules' to follow on how to use your credit card to maximize its benefit to your credit.

 

[And1ss]

maybe bestbuy financing?

 

[mikes63737]

I got my first card from Bank of America about 18 months ago with a $700 limit (I'm 19 and a full-time student in the US). Check with your bank. Most banks will give you a student card if you've had accounts with them for a while and they are in good standing.

Other option to look into are store cards. Store cards are easier to qualify for.

As a last resort, look into a secured credit card. They are given to almost anyone since you deposit whatever amount you want to be your limit. For example, if you need a $500 limit, you give the bank $500 and they put it into an account that earns interest and you have a card with a $500 limit. The card works like a regular card -- you make payments every month, you pay interest on a partial payment, etc. Most banks will offer you a regular card after a year or so of having the secured card.

You aren't going to get a limit over $1000 for your first card, unless you have a very high income or your parents co-sign (which you should avoid if you can). After you've had the card for a year or so you have a chance at getting a card with a higher limit.

 

[CD4287]

Hey, I have been a reader of these forums for a few years now, but just registered.

I am am a college student hoping to obtain a macbook pro for my college experience. I applied for barclays through apple, and a few student credit cards, but was denied by all, ouch!

Thus, now I have quite a bit of inquiries on my credit reports, with no active lines of credit. What do you suggest? I suppose student loans.

I am in the United States.

The best thing to do is to get a very low limit card (preferably when you are 16) and buy something every month and pay it off every month, even if it's just a candy bar.
I got my first credit card when I was 14 (from my credit union), got my first non-bank credit card when I was 16, and by the time I was 21 had more then $100,000 line of credit because I pay all my bills in full every month. I mainly use my AmEx because it gets the most reward points and I don't do store cards unless I'm making a very large purchase and get a discount at time (furniture at Macy's, large jewelry purchases, etc).

How old are you that you have no income?

 

[whatlifeforme]

The best thing to do is to get a very low limit card (preferably when you are 16) and buy something every month and pay it off every month, even if it's just a candy bar.
I got my first credit card when I was 14 (from my credit union), got my first non-bank credit card when I was 16, and by the time I was 21 had more then $100,000 line of credit because I pay all my bills in full every month. I mainly use my AmEx because it gets the most reward points and I don't do store cards unless I'm making a very large purchase and get a discount at time (furniture at Macy's, large jewelry purchases, etc).

How old are you that you have no income?

age 21.

 

[CD4287]

age 21.

In the US the legal age to work with permit is 14 and at 21 there are no barriers to working. I suggest you look around and see if you can't find a job. What's unemployment like in your town?