Throughout your life youre the history of you credit repayment will follow you. One of the best way to build a credit history is by using credit cards, and paying them overtime so creditors see you are able to make payments. One of the best means of building a no credit history into a positive one is to apply for a car loan. However, if youve never borrowed money from a bank or used a credit card, you do not have an established credit history; this will make it difficult in…
Credit 101
Most financial advisors will tell you that it is never too early to build a good credit history, but its also never too late to start as well. This article explains what credit is and what it takes to achieve good credit history.