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    7 Replies Latest reply on Mar 10, 2008 1:47 AM by creditguy

    Building your credit history when it is non established or damaged...

    CorpCons08 Ranger
      Here is an idea for anybody looking to establish a credit history or repair a damaged credit history.

      I had a customer visit a local bank branch and establish a small $550.00 secured loan in which they used the funds ($500.00) to establish a secured credit card. By doing this, you now have a loan and a secured credit card to pay on and show a satisfactory credit history. By the end of a year, you should have increased your credit history relatively well.