in daily life having a credit card offers many advantages, as long as it is used responsibly. However, keep in mind that it is not the same as a debit card, both in its use and in its processing. If you do not have sufficient credit history, or an acceptable amount of money in your savings or payroll account, it is possible that even your bank will deny you a credit card.
So how to get one or how to gather credit history? A feasible option and for which many choose, is the take out a credit card in department stores. We refer to large companies that offer cards for their products, for example, Coppel or Suburbia.
Which Department Stores Build Credit History
Now, what are the departmental companies that generate credit history? Those that report to the Credit Bureau. In practical terms, we could say that all large department stores with various branches at the national or international level generate a credit history.
So, if you buy any of their cards, you can generate the history you need to later change it for a credit card from the bank of your choice. Of course, remember that you must be very organized with your payments, since you are looking for a good history, not a bad one.
Other ways to build credit history
You may not have known this, but there are other ways to build credit, even without purchasing a card from a department store. There are services that report to the Credit Bureaufor which the receipts are in your name, and you pay all your bills on time may be enough to have a credit history.
What are these services? For example, telephone or television. This is an advantage, of course, as long as we do not have debts in any of them.
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The most advisable thing is to start generating credit history at an early age, but always taking care not to get into financial situations that we cannot cope with. An excellent way to start is to acquire a student credit card, since its requirements and use are simpler.
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