credit, how does it work Options

[Toyoca]

I just got an amex credit card. im new to having my own credit card. always went through my parents card (but it had my name on it w/e that means). i just got it cause i wanted to start building my credit. i dont completely know what that entails but i got one anyway lol. i basically just figured to get a car or house in the future i need credit so ppl will approve me. so is credit just using your card and paying bills on time? and if you do, you get a good credit score? is that basically it.

btw i got credit $2000. that sounds like a large amount to me given that i dont have that much a month lol. esp since i dont work right now. but sounds good to me lol. i just found it interesting cause my friends all started out with around 500 and i clearly didnt lol.

[JonCars17]

I don't have any credit, but I just got a credit card a few (may) months ago and I have another for college one month ago. I'm not gonna get anymore. THe I use all the time has a 500 dollars limit which was just increased because I paid all of my bills on time without going over. I buy gas with it. The other has a 1,000 dollar limit and I have to use it atleast once a year without being taxed.

I'm thinking of buying me a cheap laptop for school for under 1,000 using the other card to pay for it monthly. Even thou I technically could buy it in full right now -_-.

This post has been edited by JonCars17: Oct 6, 2006 - 2:05 PM