Thread: building credit
View Single Post
Old 03-20-2007, 07:41 AM  
NikKay
Confirmed User
 
NikKay's Avatar
 
Industry Role:
Join Date: Aug 2001
Posts: 1,642
A broker I went through to buy a house once told me that the secret to building your score as quickly as possible is this:

Get a lower limit credit card, under $500, and max it out. When the bill comes you pay just the minimum payment. The following month you pay it off completely. And repeat. He said this will give your credit score a pretty decent hike every 2 months.
NikKay is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote