i have no credit history. what is the fastest way to build it. I want to reach a point where i can borrow a decent amount to maybe open a business or something. How long does the process take to build credit and which companies do you recommend to help me build my credit. what are the best credit cards that give easier than others? I live in michigan
Get a credit card from local bank and pay it in time. You also can use this service to avoid common mistakes while buiding credit and pre-estimate future scores for different scenarios of payments – credit-report-free.totalh.com
Get a credit card and pay off your monthly bills. That is the quickest way. And if you get payments on time every month, your credit score will stay high.
there are a couple of ways you could start building credit, you could get a small personal loan which you might need a cosigner or the best way will be getting a credit cards, you could get a credit card and use it for your every day expenses but make sure you pay in full at the end of the month that way it will show pay in full everytime the credit card company reports to the credit beuros. At the begining you will only be approved for the lower end credit cards but once you build credit in about 6-9 months you should be able to apply for a better card with better benefits such as free miles or cash back. Check out http://www.fastcreditcardapprovals.com and go under bad or no credit section and you will find a few choices. But if you are a student apply of a student credit card these cards have no annual fees and low rates