Hi, My husband are trying to build our credit score, we've always paid all of our bills on time and he has a good paying job (three years) we have no debts and 4,000 in savings
and we were approved at wamu(our bank) but then a few weeks later we got a letter saying they could not offer us credit because lack of credit.
we recently got our credit report and there isn't anything on it really. (I thought our rent and bills and cell counted for something!)

well anyways, would walmart give us a card?
do they report to the credit agencies?
any other ideas?

any help is greatly appreciated!
Pattern fall....that is really dumb...sorry.
If you don't have credit you can't really get a home loan...or even a good car loan.
the reason we are trying to build our credit is to buy a home.

Any credit card you get is a good start. Make sure you pay your bills on time, if possible pay the full amount. Interest on some cards are extremely high. If you ever have trouble paying a bill, especially a house payment, make sure you call and make arrangements on paying.

Credit is Credit. Any credit as long as you keep it in check will build your score. The only thing is is that store credit cards are typically harder to get than bank cards (they like to see credit history)

You can got to http://www.creditexpress.blogspot.com they have credit cards for every one even if you never had credit before or if you have bad credit you still get a credit card

I'm surprised that Wamu turned you down because you don't have enough credit. What they should have done is giving you a low credit line and helps you to build your credit. You can apply with BOA because they would give you a chance.

Store credit cards always charge you higher interest and they are not flexible when it comes to late fees. If you always make payment in full or on time, APRs wouldn't be your concern. Don't charge anything unless it's necessary.

Yes, store credit cards also report you to credit bureau.

i would say so, i dont have one but i do have a Macys card, which would help build credit too. also, gas cards work to build credit too.

Whatever you get pay it off in full every month on or before the due date. If not you will wake up one day read your stmt and say I only charged $250. why has my balance increased to $327. Please do not get a store charge card because the interest rates are ridiculously high and if you ever try to negotiate a lower interest rate they will not do it. I know you need to build credit but please consider a credit card by Visa, Mastercard or Amex. Try your bank or credit union and if that does not work get a secured credit card.

Yes, You have to build credit. It doesnt matter who gives you the credit. Its a good start.
My first credit card was a SAM's card. After that I got a couple of other store credit cards like KOHLS, MACYS etc, that started getting me in the credit system. So it will good if you get it, in a few months if you pay your bills on time u will be way ahead in credit score which is what companies see before they issue you a credit card. Good luck