Here's the deal... I have always paid up front for everything I own my house and my vehicles out right, I never went through the SPEND phase of life. Therefore, I have no credit!! Not a cell phone or a loan NOTHING ! So now I'm 30 years old and I'm trying to start building credit here's the problem.... The only thing I can fin to help me start is a secured credit card -- mainly because I have no history of making payments! Some of these companies is denying me because of no history !!
What is the best way to build credit WITHOUT getting in a lot of debt ?
Also I don't understand te terms used in credit for example " a account paid and closed" or a account "paid as agreed" ?? How about account "closed" only?? Any help would really be greatly appreciated !! Thanks in advance :)
on Jul. 25, 2013 at 5:33 PM