how do credit cards work?

[Finnster]

Originally Posted by pb4ugo

All true, but you're not going to get that car loan at anything less than 18% without prior comparable high limits. That's where the CC comes in.

I honestly almost never check the interest rate of a credit card I want, because I don't pay them interest. ONLY PAY IN FULL.

That is true, but that why you get someone to co sign a loan, like a parent. When you make ontime payments, that will really build the credit. Even after a couple years you could refinance w/o cosigner.

I had a CC for a while, but my 1st auto I had to get a cosigner. CC credit helps only a little.