Secret Trick For Renters That Boosts Your Credit Score Quickly
If you’re living in one of America’s 40 million renter households, there’s an easy way for you to quickly and painlessly increase your credit score and even help qualify for a mortgage. What’s the secret? It’s simply adding your rental payment history to your credit reports. How to add rent and utilities to credit report […]
How Store Credit Cards Impact Your Credit Score
Q: I am a student at Southeast Missouri State University. About 10 months ago I opened my first student credit card. I eventually got my credit score to 728. In October, I opened an account with a jewelry store in order to buy an engagement ring. I’ve noticed a huge dive in my credit score […]
I Don’t Have a Credit File and Now I Want to Buy A Home. What Should I Do?
Q: I am a 44 year old man who has never had credit. The last time I financed anything was in 1991. I pay all my bills (including rent) on time. Now I want to purchase a home, but I have no credit score. What can I do and are there programs to help first […]
Thin Credit File Explained
If you have been told that you have a thin credit file, no credit file or no credit score, it is likely due to one of three causes: 1) You’ve Never Had Credit This would be the case if you’ve never had a traditional credit account, such as a car loan or credit card. Or […]