Question

If you had no credit history yet but wanted to establish one, describe what you could do in order to establish a

credit history. (3-6 sentences)

Answer 1

I’m order to establish credit history there are many ways relative to your age, income, and living situation. Modern tactics allow you to use your monthly bills for reporting purposes. Most apartment complexes allow you to report your rental payments to the credit agencies. It’s all about establishing the 5 c’s of credit. Banks have also diversified their credit card offerings to allow you to build credit as well. Bill payment and specialized credit card offerings from banks are a great way to establish credit.