Page 4 - What Momma Didn't Teach Us - Credit Edition
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1. Avenues to Building Your Credit
Little things make a big difference with credit. This is the first
perspective we want you to take on. There are many avenues
to building your credit, if you accomplish one, great, if you can
accomplish all of them even better. Here are a few below:
1. Pay your bills on time
2. Make sure you have the right type of accounts: creditors
like to see a blend of different types of accounts. A
strong credit report usually has some of the following:
• Auto loans
• Credit cards
• Loans, revolving or term
There is so much more for us to cover, we are just getting
started.
3. Tradelines vs. Secured Card
Has anyone ever suggested getting a secured card credit to
build credit? While getting a secured card is an avenue to
building credit, there are better ways that save you time and
help you reach desired credit results much faster.
Has anyone ever suggested a tradeline to build credit?
Let's take a look at tradelines versus secured cards and
compare the benefits and differences.
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