Archive for the ‘Finance’ Category
How to Build Credit History – 9 Ways to Improve & Build Good Credit Fast
Saturday, August 20th, 2011No credit history? Starting anew with bad credit? It’s time to build up your credit history so that you can get decent rates for small loans and mortgages along with increase your chances to get the apartment of your dreams and better rates on your car insurance. But you may be lost as to where to start building up your credit, so David at My Two Dollars put together a list of things you should do/work on in order to build it up quickly.
Here are the 9 ways:
1. The first thing you should do is to check your credit score.
2. Open up a joint checking and/or saving account.
3. Apply for department store or gas credit cards.
4. Apply for a secured credit card.
5. Go rent some furniture.
6. Set up your utility bills on auto-payment plans.
7. Keep all of your debt balances really low.
8. Do not close unused accounts.
9. Don’t open too many accounts at the same time.
Read complete article at My Two Dollars