Member
Is there unsecured credit options out there for an 18 year old with no credit history? I am looking to be able to pay back as much as I want per month so I dont want to be forced to not be able to pay back more than $100 a month so I eat the interest if one month I could pay back $800 and the next only $200. You get the idea. Thank You!
YE Veteran
Its called a credit card. As someone who is 18, especially if you are on a college campus, you should probably start getting a lot of credit card offers. However, with no credit history you are going to have a very high interest rate. It isn't advisable by any stretch of the imagination to carry a balance on it. If you need to carry a balance on the credit card, you can't afford whatever it is you used it to purchase. 18-22 is when the most people get into financial difficulties because of running up high credit card debt.
Junior Member
what is unsecured credit...why would someone want it..and how do you get it.
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