eCredable Blog - Learn to Build Credit

Find out which types of accounts build credit and which ones don’t so you can avoid wasting resources during your credit-building journey.

Normally paying utility bills does not build credit. But they can if you use a third-party company to report your bill payments for you.

You can't report utility bills to the credit bureaus by yourself, but you can hire a third-party service provider to do it on your behalf.

There are a lot of steps that must be successfully completed before you can apply for a mortgage. eCredable LiftLocker is the right tool to guide you on this journey. Here are some additional resources to help you pick the right type of loan.

The majority of millennials don’t own a home — and many say their student loans are a major reason for that. According to a 2019 survey from Bankrate, 61 percent of millennials don’t yet own a home, and nearly a quarter of them say student loan debt is what’s holding them back.

Beverly Harzog is one of our favorite journalists that knows all about credit. Here's her latest article from U.S. News & World Report regarding the BEST Secured Credit Cards available.

There are many places where you can get a free credit report. If you want the original report generated by the three national credit bureaus, you need to go to www.AnnualCreditReport.com

This article originally appeared in Quora and was authored by Mitchell Lee, Director of the Fintech Group at the Federal Reserve Bank of San Francisco (August 14, 2020)

10 Steps for Buying a House

The COVID-19 pandemic has impacted our lives in many ways, and for some - it has impacted our credit scores.