Comments on: How long does it take to create a credit history if you have none? http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/ Free Credit and Debt Information Fri, 18 May 2012 15:45:03 +0000 http://wordpress.org/?v=2.7 hourly 1 By: stan c http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/comment-page-1/#comment-782 stan c Mon, 16 Feb 2009 13:28:01 +0000 http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/#comment-782 It usually takes 12 to 18 months to build a good credit score. If you have $500 in a saving account, you can convert that into a secured credit card. Most banks can set it up for you. Also make sure they belong to the credit bureau. It usually takes 12 to 18 months to build a good credit score. If you have $500 in a saving account, you can convert that into a secured credit card. Most banks can set it up for you. Also make sure they belong to the credit bureau.

]]> By: Vincent V http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/comment-page-1/#comment-781 Vincent V Sun, 15 Feb 2009 10:28:15 +0000 http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/#comment-781 Are you smart enough to listen to some good advice from someone who’s been where you are? I’m betting you are because you’re seeking information on how to improve your credit score, which is a very smart thing to do. Maybe you’re hoping to buy a house one day and you know a higher credit score will not only increase your chances of being financed, but will also influence the interest rate you’ll pay. You probably already know that generally speaking, the higher your credit score, the lower your interest rate. Maybe you just need to improve your credit score because your credit took a blow due to divorce, illness or loss of a job. Whatever your reasons for wanting to improve your credit score, you’re to be commended and I’m going to help point you in the right direction.One very important thing to keep in mind -- when you finish reading, don’t forget to click on the links I’ve provided at the end of the story. Are you smart enough to listen to some good advice from someone who’s been where you are? I’m betting you are because you’re seeking information on how to improve your credit score, which is a very smart thing to do. Maybe you’re hoping to buy a house one day and you know a higher credit score will not only increase your chances of being financed, but will also influence the interest rate you’ll pay. You probably already know that generally speaking, the higher your credit score, the lower your interest rate.

Maybe you just need to improve your credit score because your credit took a blow due to divorce, illness or loss of a job. Whatever your reasons for wanting to improve your credit score, you’re to be commended and I’m going to help point you in the right direction.One very important thing to keep in mind — when you finish reading, don’t forget to click on the links I’ve provided at the end of the story.

]]> By: Judy http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/comment-page-1/#comment-780 Judy Sat, 14 Feb 2009 03:02:52 +0000 http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/#comment-780 It is good to hold that loan for at least 6 months. Then you can pay it off. I would pay it off little by little sending an extra check with the words "payment towards principal". Make it a separate check. In other words; write one check for regular payment, and another for principal. Now is a good time to get a copy of your credit reports. There are a lot of scam websites out there that will charge you for a FREE credit report. If you hit a website that wants your cc number - its not free. Scam sites: freecreditreport.com truecreditreport.com triplereport.com The only thing that is free is ANNUALCREDITREPORT.COM You don't need your score - since that is an useless number. Loan officers get your report and make up their own scores based on your work history and salary along with your report. Review your report, if your loan is on there - start paying off the car loan freely. The way I built up credit was to get a credit card in my name for gas and groceries, and I paid it in full each month. Credit card debt is bad for your rating since it's revolving credit. So always pay it in full. / It is good to hold that loan for at least 6 months.
Then you can pay it off. I would pay it off little by little sending an extra check with the words “payment towards principal”. Make it a separate check. In other words; write one check for regular payment, and another for principal.

Now is a good time to get a copy of your credit reports. There are a lot of scam websites out there that will charge you for a FREE credit report. If you hit a website that wants your cc number - its not free.
Scam sites: freecreditreport.com
truecreditreport.com
triplereport.com

The only thing that is free is
ANNUALCREDITREPORT.COM
You don’t need your score - since that is an useless number. Loan officers get your report and make up their own scores based on your work history and salary along with your report.

Review your report, if your loan is on there - start paying off the car loan freely.

The way I built up credit was to get a credit card in my name for gas and groceries, and I paid it in full each month. Credit card debt is bad for your rating since it’s revolving credit. So always pay it in full.
/

]]> By: angel1678als http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/comment-page-1/#comment-779 angel1678als Tue, 10 Feb 2009 22:47:55 +0000 http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/#comment-779 Get a credit card in your name and make the monthly payments on time. This will help. Credit history will only help if you have multiple credit accounts. Get a credit card in your name and make the monthly payments on time. This will help. Credit history will only help if you have multiple credit accounts.

]]> By: Lu Lu http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/comment-page-1/#comment-778 Lu Lu Mon, 09 Feb 2009 21:29:36 +0000 http://creditconnectpro.com/how-long-does-it-take-to-create-a-credit-history-if-you-have-none/337/#comment-778 miss one payment and there's your history miss one payment and there’s your history

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