No announcement yet.

How to Build Credit and Maintain a Positive Credit Rating

  • Filter
  • Time
  • Show
Clear All
new posts

  • How to Build Credit and Maintain a Positive Credit Rating

    Tips on Building Credit!

    Your credit report and score will influence many things in your life, i.e. the auto loan rate you receive, the mortgage amount you are approved for, etc.. Did you know that your credit can even determine whether or not you are hired for a new job? Your capability of managing your finances and debt can greatly determine the outcome of much of your personal life. Therefore, learning how to develop and maintain a strong credit rating is very crucial. Building Credit
    developing your credit is easier than you think. Below is some basic information on creating good credit.

    -- Put several utility bills in your name. Paying these bills on time every month will result in an improved credit score and rating.

    -- Submit an application for department store credit card. These types of credit cards have less strict criteria for approval.

    -- Apply for a small unsecured loan. Making regular payments every month for a personal loan is a great method for building credit.

    -- Apply for a credit card. There are a wide range of credit cards specifically designed for people with poor credit or no credit looking to build credit. There are many types of credit cards that are designed for people with no credit looking to build credit.

    It is suggested that you follow at least two of the above tips. Also, every month, make sure that all of your creditors are reporting your account activity to all of the major credit reporting agencies.

    Keeping that Good Credit Rating!

    Once you develop some credit, it is important that you maintain your strong credit rating. Detailed below are a few tips...

    -- Make sure all of your bills are paid in a timely manner, in full every month! This rule is crucial! Doing so will not only help you continue to build your credit; you will be able to obtain additional credit from potential lenders.

    -- If making payments on time becomes an issue, make sure you get in touch with your creditors. Creditors will likely offer you an extension, giving you more time to remit your payment.

    -- Order a copy of your credit report regularly. This will allow you to ensure that your file is being reported accurately and up-to-date.

    Article Source:
    Platinum Swing Trade Stock Signal Alerts(FREE 14-Day Trial)

    The 10-Buck Broker (Long-Term Stock Signals)

    Best Stock Picking Services

    Sign up for the forum to reply to this post!!!

    Best FOREX Signals Software

    Stock Market Investing For Beginners

    "Step into the arena and hold on to your hat. Don't get discouraged if you don't make 8 trillion dollars in your first month. Trading is not a get rich quick scheme. Realize that trading is a skill and just like any other skill it takes time to learn. Have convictions in your decisions in life and trading. Ignore the comments and "advice" of those that have never traded a day in their life."

    College is here to read more about the college scam!

    Good KARMA and positive energy abound.

    Terms Of Service

    Disclaimer: This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.

    Promoted content: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this website and may receive commissions from purchases you make on subsequent websites. Always exercise due diligence before purchasing any product or service. This website contains advertisements.
    Best stocks to buy now Stock Market
    Best stocks to buy now
    Dow Jones TodayDJIA