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Develop a plan to establish a strong credit history. how do you develope a plan that...

Develop a plan to establish a strong credit history.

how do you develope a plan that build strong credit
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Answer #1

To build a strong credit history:

1. Make 100% of your payment on time

2. If you use credit cards, keep your limit low

3. Avoid applying for multiple credit caccounts as it cause a small drop in your score

4. Keep credit card accounts open as closing an account can hurt your credit score

5. Get a secure credit card ,It is backed by a upfront payment made by you which you will get once you close your credit card

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