Re: how dreadful has holding a bad credit rating been in your life?
im not sure if this is sound credit building strategy, so someone please correct me if i am wrong, but id recommend the following:
get your hands on whatever credit cards you can. you have to be careful when applying for cards because every time you apply for credit you lower your score. however, get your hands on some credit cards with low balances if you can get accepted for them. $200 max balance is more than suffice. get like 5 of these cards. charge all of your expenses to all 5 cards every month and pay off all 5 cards without letting any of them maintain a balance.
most credit card companies allow you to setup automatic bank payments or will charge a debit card of yours so you dont even have to worry about paperwork or checks. having 5 credit card agencies reporting good credit for you should be able to build up your credit in no time. the key to building good credit is to use as many credit reporting agencies as possible as long as it isnt too much too handle of course.
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