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Ok now what? 2 new cards

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Wolf3
Senior Contributor

Re: Ok now what? 2 new cards

 


@Anonymous wrote:
I might wait a bit first and get myself together, but June I will trade my car in and get a new on that's a bit more, but not sure or maybe a loan.

 

I suggest to finance some of the new car for a short term (1 year?).   You should be able to get a low rate and it will be improve your credit history.   

 

You might also consider getting a Line of Credit on your home.    You can use this for household items like repairs, improvement, furniture, applicances etc.   If you pay in full, it will not cost you any interest, but you are developing more credit history.

 

And use your credit cards for your normal expenses and develop a history with them.

 

 

Message 21 of 22
Smug
Established Contributor

Re: Ok now what? 2 new cards

Ok have now 5 toy cards my car loan was paid off a little over a year that had it, removing bad TLs now what else should I do?
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Message 22 of 22
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