talon2nr7588
10+ year member
CarAudio.com Elite
i just got a cc about 3 months ago and i want to build up my credit . what is a good way to do it?
isn't obvious? do we really need to spell it out for you? have you no common sense?i just got a cc about 3 months ago and i want to build up my credit . what is a good way to do it?
I remember when I had that good of a credit rating. I could just about get anything and I think I did, lol! I was one of those ones where I had to get myself in debt to get that good rating. You dont need to do that to get it high though. Like others have said, just make your payments on time and pay more than what the minimum is. I usually pay over 20 bucks on the minimum.It's a PITA that you have to put yourself in debt to build credit but nonetheless it's true.
The best advice I can give you is do not see your CC as a "license to shop" and get yourself overextended. Buy things that you know you can afford to pay off when the bill comes and nothing more (if you can help it)
Just because you're not out any cash at the moment doesn't mean you won't have to pay the piper sooner or later.
I put no more than $200/month on my Visa because I know I cannot afford to pay it off at the beginning of the month when the bill comes in after paying all my other monthly expenses (rent, groceries, car insurance, utility bills, etc). Consequently since I've never made a late payment or paid just the minimum allowable payment my credit rating is currently 807. //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif
Yes, a lot of places will ask for a card # even though you get a free report. If you enter a card number in, read all of the terms and conditions. Normally you get access to your credit report for 3 months, just cancel your subscription in a couple days.how and where are you guys getting your credit scores?? Is there any place online that is TRULY free?
Very good point. The scoring system that most banks use has a lot of flaws. Now, it seems like more lenders rely on the 3 digit number so much that they are slowly losing abilities to read and fully understand a credit report and then base a lending decision on they're findings.My credit qualifies me for purchases considerably more expensive than I could reasonably payfor.I think creditors should put much more emphasis on someone's actual income than they do in just their credit rating...
Word!My credit qualifies me for purchases considerably more expensive than I could reasonably payfor.I think creditors should put much more emphasis on someone's actual income than they do in just their credit rating...
http://www.annualcreditreport.com it's set up by the three reporting agencies and it's free once a yr. You don't need a c.c.how and where are you guys getting your credit scores?? Is there any place online that is TRULY free?