building credit with no credit cards?
Date: Mon, 05/18/2009 - 23:10
some posts here read that best thing is to get rid of credit cards completely.
can good credit be built without credit cards?
if yes, how?
thx!
can good credit be built without credit cards?
if yes, how?
thx!
I don't think it would be possible to build up a good credit pro
I don't think it would be possible to build up a good credit profile without a credit card. If you do not qualify for an unsecured card, you can go for secured ones to build up your credit history. Secured cards are backed by your own money and so you need not have a credit history to get one.
You can build up your credit profile even without a credit card.
You can build up your credit profile even without a credit card. If you have your bank accounts in good standing and you hold a good job, the creditor may offer you a new line of credit. Repaying the debt on time will help you to improve your credit history and you may be able to build up a good score.