How Beginners Can Build Their Credit Fast

620

Use the card strategically.

How Beginners Can Build Their Credit Fast

You need to use the card regularly for making different types of purchases.

Spend only up to 30% of the balance on it, however. This is essential since responsible credit utilization accounts for nearly a third of your credit score.

Repay the entire outstanding balance in full every month since payment history forms the largest chunk of your credit score (35%).

next-arrow-like-adsense

Leave a Reply