utamaduni
Active Member
I can offer just some advice from my experience in Europe. The truth is there is no lightening speed way of getting credit. Credit score(credit report) takes time as its simply your history with lenders etc. What i can tell you is first of all get a permanent address, secondly have the tenancy and bills under you name. Get a job, open a bank account etc as all this things are added together to give an average score that ranks you if you are credit worthy or not. In Europe i started by enrolling in the electoral roll there were no regulations that hindered you from voting...you simply needed an address to register as a voter, which was a bonus for your credit score not sure about US. When i was living with relatives i made sure they added my name to their bills and their joint bank account, this helped me with continuity on my credit report.
Ways to build a credit moderately. Research online for good reputable credit card provider and get one. Use the card to buy little things online and other things eg. your grocery, gas etc. Make sure to repay on time each month if you are not good at remembering put automatic payments through you bank. Never fail to pay on time and never charge more than you can actually afford to pay at the end of the month. Never let the credit card stay idle for so long without use, use it frequently.
Your house bills as well pay them always on time. Do not change house addresses to much you need to look settled. Stay well below your credit limit approaching 70-75% of your credit limit. Get a bank account that offers overdraft facilities, use the overdraft but make sure you repay as soon as, depending on the duration given.
Buy a phone with a provider that will put you on contract rather than pay as you go. I don't know about states but register online with one of the good websites that offer credit report services. In Europe we had experian.co.uk. It was a pay site where you needed to pay something small to keep track of your progress. It was a credit reference agencies .
I hope this will help you, but i am a strong believer of moderate progress. Do not rush it too much that you end up entangling your self in a situation that will leave you wondering why????
All the best in your relocation.......
Ways to build a credit moderately. Research online for good reputable credit card provider and get one. Use the card to buy little things online and other things eg. your grocery, gas etc. Make sure to repay on time each month if you are not good at remembering put automatic payments through you bank. Never fail to pay on time and never charge more than you can actually afford to pay at the end of the month. Never let the credit card stay idle for so long without use, use it frequently.
Your house bills as well pay them always on time. Do not change house addresses to much you need to look settled. Stay well below your credit limit approaching 70-75% of your credit limit. Get a bank account that offers overdraft facilities, use the overdraft but make sure you repay as soon as, depending on the duration given.
Buy a phone with a provider that will put you on contract rather than pay as you go. I don't know about states but register online with one of the good websites that offer credit report services. In Europe we had experian.co.uk. It was a pay site where you needed to pay something small to keep track of your progress. It was a credit reference agencies .
I hope this will help you, but i am a strong believer of moderate progress. Do not rush it too much that you end up entangling your self in a situation that will leave you wondering why????
All the best in your relocation.......
How can I build my credit very fast?