Best Ways to get a Good Credit

What are the best and fastest ways to get a good credit rating?
Expert answer by Mira Nurdin,
6+ years in marketing and finance, online shopping guru

Start building your credit history ASAP. It will save you a lot on a mortgage or other loans later in your life.

Do not trust online resources that try to sell you prepaid cards or secured cards if you have no credit history.

There are several good credit products for people with no credit history that will help you to build your credit rating in 1-2 year time frame.

A combination of a credit card and a credit builder loan can do wonders if you strictly control your credit.

After half a year you can apply for a second credit card with a bigger credit limit. After a year you are already in a good credit territory and most of the cards are available to you. Just always follow these three simple rules:

  1. Always pay on time
  2. Never carry a balance
  3. Use only 10-30% of all your credit lines combined

More on the topic for no credit here

 
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