I HAVE NEW CREDIT, WHAT IS THE FASTEST WAY TO BUILD CREDIT?

Submitted by DUNGLAMLA on Tue, 06/01/2010 - 01:13
Forums

I GOT SOMEONE TO CO-SIGN FOR MY LEASED VEHICLE BUT FAIL TO GET ANY CREDIT CARD COMPANY TO GIVE ME CREDIT. WHAT SHOULD I DO? I DONT WANT TO KEEP APPLYING AND GETTING TURN DOWN AND HAVE ALL THE INQUIRY ON MY FILE.

Hi DUNGLAMLA,

Welcome to this community :)

Can you give more details on your credit? There are various ways in which you can try to build your credit. However, this also depends on the individual problems. So, it would have much better if you could have given more details on your credit.

If you go on applying for new credit, this can lower your credit score all the more. Thus, it is better to repair your credit first, and then get new credit.

Thanks,

Aaron

Tue, 06/01/2010 - 04:44 Permalink