Term: build credit
18 found

How to Build Credit Without Going Into Debt

By Steven Shaw on 7/7/2016

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Unless you were born in some remote location and lived off the grid your entire life, it’s not news to you that good credit is needed to function in today’s society. Your credit history is what indicates your trustworthiness to lenders, stores, and even employers and landlords. Bad credit or no credit is a major barrier preventing some from attaining good interest rates or securing a new lease agreement, among other things. There’s really no point in me stressing the utter importance of having a good credit score. That’s a given. But for those of you who fear having outstanding loans, balances on credit cards, or debt of any kind, how does one achieve good credit?

alternative credit
build credit
credit 101

Most Students Think Debit Cards Build Credit (They’re Wrong)

By Steven Shaw on 9/28/2015
Sure, debit cards look almost identical to credit cards, but they’re very different. Among the biggest differences between these products is one of the most important: Debit cards do not have an effect on your credit score.
build credit
credit cards
Debit Card

Most Students Think Debit Cards Build Credit (They’re Wrong)

By Steven Shaw on 9/1/2015

debit cards build credit

Sure, debit cards look almost identical to credit cards, but they’re very different. Among the biggest differences between these products is one of the most important: Debit cards do not have an effect on your credit score.

build credit
credit cards
Debit Card

7 Ways to Build Credit Without a Credit Card

By Steven Shaw on 8/7/2015

build credit

Let’s say you know you want good credit, but you also know you do NOT want the most ubiquitous credit product around. No way do you want a credit card. Perhaps you follow a certain personal finance guru’s advice to avoid them. Or maybe you’ve gotten in trouble with them before and don’t want to take any chances with having one again. Whatever the reason, you don’t want to go the plastic route.

alternative credit
alternative data
build credit
establish credit
non-traditional credit

Can a Credit Card Improve Your Credit?

By Steven Shaw on 7/17/2015

Can a Credit Card Improve Your Credit?

Many consumers see credit cards as a gateway to debt. While they certainly give you the opportunity to spend money you don’t have, when used responsibly, their powers can be harnessed for good, not evil.

build credit
Credit Card
rebuild credit

Money 101: How to Get Your Credit Ready for College

By Steven Shaw on 6/18/2015

Money 101: How to Get Your Credit Ready for College

For many students, the beginning of your college career is also the beginning of your transition to adulthood. You will likely have more freedom — and responsibility — than you have ever had before. One of the most important aspects to being an adult is planning ahead and living with intention, especially when it comes to your finances and building credit. As a credit coach, I’ve assembled the top five tips to help you start to build healthy credit and begin your life as a responsible adult.

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College
college students
establish credit
Money 101
students

5 Credit Cards to Help You Build Credit

By Steven Shaw on 3/9/2015

credit cards to help you build credit

Do you need to build your credit? Perhaps you are a young adult who has never had a credit card, or maybe you are a new arrival to the U.S. without a credit history here. Others may need to build credit after having gone decades without applying for any type of loan.

build credit
credit cards
secured card
Secured Credit Card

How to Use Your Tax Refund to Build Credit

By Steven Shaw on 3/4/2015

How to Use Your Tax Refund to Build Credit

Do you look forward to tax time? For some, it’s exciting because you know you’ll get a refund. It’s found money, like that $20 bill you find in the pocket of a coat you haven’t worn in a long time. But what to do with found money? Usually our thoughts go to all the cool ways we could spend the money; but I suggest using it to help further your financial goals. Yes, I love impulse buys now and then, too, but I’m your credit coach — of course I’m going to suggest using your tax refund to further your goals of improving your credit. So step away from the checkout counter for a minute and consider these options.

build credit
credit score
Tax Refund

How Your Cellphone Can Help You Build Credit

By Steven Shaw on 2/26/2015

How Your Cellphone Can Help You Build Credit

Mobile alerts from your credit card issuer can do much more than alert you to possible fraud. You can use that information to help you improve your credit.

First, a word about how credit scores work. The two biggest factors are paying on time (35%) and the amount of credit you use relative to your credit limit (30%).

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credit score

How Fast Can a Secured Credit Card Improve My Credit?

By Steven Shaw on 2/24/2015

How Fast Can a Secured Credit Card Improve My Credit?

If you’re trying to build credit for the first time or improve a credit score damaged by past financial problems, you may have heard advice about using a secured credit card. Using a secured card can be an effective way to establish a positive credit history, but it’s not a one-size-fits-all strategy. For some consumers, using a secured card can help their credit within as little as six months of opening the account — for others, notable improvement can take much longer.

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building good credit
credit score
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Secured Credit Card