I havent had a job for a few months but im getting a new job next month and i really want a atv and i dont have no credit so i guess i wont be able to get a new one.What is the fastest way to build your credit up?

 

Chris
Some are obvious, such as having all past bills paid, and up to date. But to help build credit, do a couple of things. First get a copy of your credit report, and make sure all is correct on that. To start building credit, go to your local bank that you have an account with. Put some money in a savings or CD account. Then borrow, on a simple loan, less than you have in savings. Use that as colladeral for the loan. Keep the money for over a month, (do not spend it!) and pay loan off. Do this a couple of times, and it will really help your credit score. It will cost you a little in interest, not much, and take a few months, but it is solid help for credit problems.
Good luck.
Ken

 

having a job and having lots of bills that are paid on time will give you good credit

kinda funny how you have to be in debt to get a loan...lol

that way they know you are good at paying your bills and are dependable

 

Well i know i dont have bad credit.I just dont have any credit at all so i guess ill go do what you told me to do.Thanks guys for the help.

 

The only thing you should worry about financing is your 1st house.

If you cant buy a quad with cash,,,,you shouldnt buy it....imo.

Otherwise, Kegracing makes a good point.

 

Do what Kegracing suggested but instead of dealing with your bank, join a good credit union. They'll useually give loans easier than banks will.