Buying a house

[DARK4SE]

My banker told me of a good trick to raise your credit score as fast as it can be raised. I did it when I bought my home 6 years ago. I would believe this would still work.

Get a credit card with $1000.00 limit. Use that card "ONLY" to pay your necessities, food bill, gas bill, etc...

Then pay off the card at the end of the month in full. Because the items you purchase with the card are only going to be neccesities, you would have paid for the items in full with cash anyway. So make the card work for you. Your credit will noticeably go up in 6 months.

Good luck.

[nickleal98]

Our loan officer is also a credit counselor he was recommended by our real estate agent whom whe have known since he was a cable guy. He told us the same thing and my score went up 80 points in 2 months which suprised me.Where in the final stages in closing now then painting and minor fixes follow :-)

[Pumpkin_Jack]

My banker told me of a good trick to raise your credit score as fast as it can be raised. I did it when I bought my home 6 years ago. I would believe this would still work.

Get a credit card with $1000.00 limit. Use that card "ONLY" to pay your necessities, food bill, gas bill, etc...

Then pay off the card at the end of the month in full. Because the items you purchase with the card are only going to be neccesities, you would have paid for the items in full with cash anyway. So make the card work for you. Your credit will noticeably go up in 6 months.

Good luck.

Lol makes me feel so young and makes you all look old im just starting to establish my credit and bought a 03' corolla and am having my parents help me pay more than the bill for it each month so that my credit will be at a nice starting point.