Not exact matches
Try to avoid using your personal
credit history or personal guarantees and work on building a
good business
credit profile now, before you
really need it.
I received a prequalified mail was
really surprised because my
credit score wasn't
good enough and only 9 months of
credit history.
Easy to work with, no one else would give me the opportunity even with
really good credit and perfect payment
history.
The key to this is
really closing the door on the old debt in some way and then getting back in the
credit saddle again so you can start to develop a new and
better credit history.
Mark Moreau:
Well, the starting point is
really around where you are in terms of debt, where your
credit history is and all those sorts of things.
This is going look
really good by showing an excellent payment
history which will give you big bumps on your
credit score.
It's also important to use a card periodically just to main tain a
credit histor y; without a
good history, you could find it difficult to obtain additional
credit when you
really need it.
Having six months of payment
history and then a paid in full will
really look
good on your
credit file.
Unsecured personal loans do
really help but it works only if you can find
good loan terms, which depends on your
credit rating and employment
history.
Student loans for bad
credit do not
really exist because student loans, in general, are loans that are specifically designed for students who have a
good credit history, not a bad
credit history.
Ok
well that's a great point then, you are used to the money going to other things than just general spending, and I think paying off the loans first is a
really good thing to have done, and should one would hope be reflected in your
credit score (speaking which, if there is anything iffy in your
credit history, now's the time to get it cleaned up, could make a difference in interest rates etc..
However, that does not seem to be the case anymore, as insurance providers don't
really care if you have kept up your payment schedule nor have a
good credit history etc..