I've been having some difficulty with apartment leases because I have no credit. If I get a credit card, how long does it take for it to appear that I have credit?|||It will take at least 6 months for it to develop any rating.
A good rating will happen after one full year's worth of payments.
Use it wisely - it could do more harm than good.
If you charge something, make sure it's small like food or gas.
And pay in full each month.
One secret:
Landlords don't care that much about your credit.
And no credit is not bad - they are looking for BAD credit.
Offer 6 months rent upfront and watch all your difficulties go away.
The difficulty could be that you are under 21 or under 25
It could also be you do not have stable employment, or strong enough salary to pay the rent.
Next time you see someone, offer them copies of your paychek, savings account, checking account, etc with the id numbers blocked out.
Something tells me that it may be lack of funds or a young age that is hurting you.
NOT your credit...|||Well the account will show up on your credit report within 60 days, but you will have to use that card for at least 6 months before it even begins to start counting in your FICO score. Even then, your score will be low and your history will be very limited. You will still likely be turned down due to lack of credit. It takes YEARS to build good credit.
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