How long does it take to build credit?
Let’s learn how long does it take to build credit. The most accurate or helpful solution is served by Yahoo! Answers.
There are ten answers to this question.
Best solution
I have a credit card with a small spending limit ($300) and have been using it and paying off the balance each month for about 3 months now. I recently have been trying to get a small personal loan and have been denied each time due to lack of credit. How long will it take me to get good enough credit to get even a small loan?
Answer:
Sorry, but 3 mos is just not long enough to assess whether you are a good risk. Personal loans are the...
David at Yahoo! Answers Mark as irrelevant Undo
Other solutions
I'm twenty years old and I've never had a credit card before. I've never had a a loan or had to pay bills in my name. I have no credit. I'm now looking to rent an apartment for the first time and I need to have credit to be considered for certain apartments...
kaitlynr at Ask.com old Mark as irrelevant Undo
I'm 19 turning 20 and I have no type of credit, cuz I never had a credit card, so my mom put me onto one of her credit cards, so my credit can build up, how long will it build up? Yes I learn everything from my dad and economics class, so I make sure...
Answer:
Usually, one or two years of payments on a credit card with NO incidents or late payments will result...
Mememe at Yahoo! Answers Mark as irrelevant Undo
i want to get a car loan and i cant until i build credit. so how long will it take for me to build credit? i use my card to buy groceries and always pay it off and keep it less than 50% below my limit.
Answer:
If you've been extended a credit card, then you've already begun to build your credit. Just continue...
Nicole Nixon at Yahoo! Answers Mark as irrelevant Undo
In January 2009 I got approved for my first credit card through chase with a $800 limit. I also got a cell phone through Verizon the same month. I have made one payment on both so far. I have applied to get two other credit cards but got denied through...
Answer:
Normally it would take you a minimum of six months (good credit standing, meaning you haven't missed...
SUMU343 at Yahoo! Answers Mark as irrelevant Undo
I have my very first credit card in the mail, it will be here within the week. I have no credit. I'm not in debt, and I will use my credit card and pay it off in full each month. ---> Realistically, how long will it take for my credit score to be...
Answer:
You will have to use that card for at least 6 months before it even begins to count in your FICO score...
vverra at Yahoo! Answers Mark as irrelevant Undo
I need to build my credit again and planning on getting a secured credit card. My credit score now is 550 so i would like to raise it up to 700+. Just curious as to how long will it ...show more
Answer:
You need to get a store credit card with a small credit limit like:$250 - $500. 1) Use only 50% of your...
KT4ZU36T2TDEK5XGUM7LIHTGCM at Yahoo! Answers Mark as irrelevant Undo
I just recently got a credit card. I had always used a debit card prior to this. I make a decent six figure income, but credit scores prevent me from doing things like getting certain credit cards or having payment plans for cars available. I understand...
Answer:
For a fresh slate when it comes to building credit, you will need to wait at least 6 months before you...
Ardy Shah at Quora Mark as irrelevant Undo
I recently applied for a credit card and I got declined for 4 reasons *Derogatory public record or collection item. *Balances on revolving accounts are too high compared to credit ...show more
Answer:
pay off any collections or overdue items in full cut way down on outstanding credit card balances pay...
FXUTESAA6OXHSNOWX3NM3OHH6M at Yahoo! Answers Mark as irrelevant Undo
First things first I am new to the whole credit thing, I recently got approved of a $500 limit capital one card for students, I have no credit scores obviously since I've never used credit cards or anything else that reports to credit companies. My question...
Answer:
This should help you to understand how credit scores work.. FICO scores from 300 to 850 and Vantage...
Marcelain Ekutshu at Yahoo! Answers Mark as irrelevant Undo
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