creepindeth04
Moderator
x2 said:Kinda ridiculous I am just thinking about this now...but um, how the hell do I build credit/good credit!? I don't own or use any form of a credit/debit card. Always just used cash or gave cash to somebody to let me use their card. But ya know I can't do that forever and sooner or later I'll need a loan of some sorts. Any ideas? I'm clueless :-\
If you have student loans, those count towards credit. Otherwise, your just going to have to bite the bullet and apply for a credit card. There will be a bank out there that is willing to give you credit.
Once you have a credit card, or something that counts towards your credit score, just make sure you make the payments on time. Ideally, you'll want to pay the entire balance off every month so that you don't incur interest charges. If you can't pay it in full though, then pay off the minimum balance by the due date to keep your credit in good standing. That's the basics I believe. There's a whole lot more to it though.
One more thing, you should at the very least get your free annual credit report every year and check to make sure there are no inconsistencies. If you want to check it more than once, you'll usually have to pay.