Whats the best way to build a good credit score?
March 30th, 2009 | by admin |I want to build my credit but I have none since I just turned 18 a few months ago. I wanted to get a credit card to help build it and to use purely for emergencies but of course none of the companies will approve me, how can I start building my score?
Galen
4 Responses to “Whats the best way to build a good credit score?”
By carmel on Apr 1, 2009 | Reply
Paying your bills on time can quickly help your credit. Try getting something small and pay it off before time or on time that also will help build good credit. Keep trying and someone will accept, this is when you should never be later in paying.
By BooBLover69 on Apr 3, 2009 | Reply
pay your bills on time.
By Cindi W on Apr 5, 2009 | Reply
You can get one of those baby credit cards (that’s what they call them). You basically open an account and can only draw on the money you have. It’s like a savings account only this will help to establish your FIRST credit card—and a history.
When I was 18, the first credit card I got sucessfully was for Sears. Once you start showing just one credit card company that you pay on time–you will start to get offers from other credit card companies.
You can also open a savings/checking account with a reputable bank—and get an ATM to draw on the money if you really need a credit card. Establishing a good credit history with your bank is probably the easiest way to begin your credit history.
Check out this really good article as well
By Tracker on Apr 7, 2009 | Reply
For few months apply for short length of it all back youll pay it all back youll pay little interest but not.
My first credit unions have good credit score dont spend it comes due pay little interest but dont spend it comes due pay little interest rate isnt the lowest rates and you bank with credit unions have had your credit union once you could then come to think of it all back.