How to Start Building Credit Once You Turn 18

Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score, you can get lower interest rates on car loans, credit cards and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. While developing a solid credit history… Read More

The post How to Start Building Credit Once You Turn 18 appeared first on Credit.com.

How to build credit the quick and easy way

Most Americans know that it’s important to build credit but many don’t know how. If you’re one of those confused about how to build credit, you’re not alone.

In 2019, CNBC reported that around 40% of Americans don’t know how credit scores work. This is a disappointing but not altogether surprising statistic since credit-building is still absent from curriculum at most schools. Good for you for seeking out this valuable information!

Today, let’s cover some credit-building basics. In this article, I’ll share some tips on how to build credit quickly and easily.</

Dear Penny: Is It Possible to Rebuild Credit Without a Job?

Dear Penny, I’m a housewife who does not work outside my home. The only income I have on my own is my Social Security, which isn’t much. My husband and I have had bad credit in the past. I want to establish credit in my name. Is there a way I can go about doing […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Tips for Paying off Holiday Debt Before it Hurts Your Credit

Now that the festive season is behind you, what remains with you are the beautiful memories and of course, the huge holiday debt that you accumulated. As the new year kicks off, two factors can greatly impact your credit; how you pay (or not pay) your debt and how much of your available credit you […]

The post Tips for Paying off Holiday Debt Before it Hurts Your Credit appeared first on Credit Absolute.

Self Review For 2021 (formerly Self Lender)

When you have bad credit, or even no credit at all, it can be difficult to build credit. This is true especially if you have no accounts that are reporting to the credit bureaus. That’s…

The post Self Review for 2021 (formerly Self Lender) appeared first on Crediful.

Why It’s Harder to Get Credit When You’re Self-Employed

Around 6.1% of employed Americans worked for themselves in 2019, yet the ranks of the self-employed might increase among certain professions more than others. By 2026, the U.S. Bureau of Labor Statistics projects that self-employment will rise by nearly 8%.  Some self-employed professionals experience high pay in addition to increased flexibility. Dentists, for example, are […]

The post Why It’s Harder to Get Credit When You’re Self-Employed appeared first on Good Financial Cents®.

The Best Things to Charge on Your Credit Card When You’re Rebuilding Credit

If your credit needs rehabilitation due to late payments, accounts in collections or other negative items, it might be time to rebuild. Rebuilding your credit requires an understanding of your current situation, identifying past mistakes and implementing the right strategies going forward. Wise use of a credit card is one way to start. Surprising, right?… Read More

The post The Best Things to Charge on Your Credit Card When You’re Rebuilding Credit appeared first on Credit.com.