Building Credit History

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » FAQs » Building Credit History

Building Credit History FAQs:

+ Favorite

There is no magical number of credit cards that is considered right for all consumers. In fact, the number of credit cards you can have depends on your individual credit history, credit score, and the way you manage your credit accounts. Lenders also have their own view on how many credit cards is "too many." Continue reading

Such cards like the Fuel Rewards Mastercard are usually offered to people with established credit history who have at least average credit. However, since you are a Fuel Rewards member, you night have received a pre-approval offer. If so, you can give this card a try. You will need to provide some information about you and your income, so be ready to do so. As an alternative option, you can apply for a regular credit card to start building your credit. There are credit cards designed for people... Continue reading

Closing a credit card account is not simply snipping a credit card. It is a more complicated process that takes more time and effort. You should understand why you are closing your credit card and how it will impact your credit score. Continue reading

It's definitely a good idea to have more than one credit card, so you're on the right track there. With all the different fantastic options out there, and so many rewards credit cards available, why limit yourself to just one card? Continue reading

There are a few things you want to look out for in a credit card you are using as a method of establishing your credit profile. Continue reading

It can help your score if you are an authorized user on another person’s account. Known as “piggybacking,” this is one method people use to improve their credit score. You should only authorize family members – a spouse, child or parent. Allowing a credit repair company to add you to an unknown account as an authorized user is never a good idea.FICO, the credit-scoring company, has software that can recognize legitimate authorized users. Continue reading

A credit bureau collects information about consumers’ financial behavior so that potential creditors can evaluate whether or not the applicant is likely to pay off their debts. They record information about the opening and closing of accounts, lines of credit, payment history and types of credit, as well as personal information such as address history. Continue reading

Yes. Every consumer is entitled to one free copy of their credit report each year from each of the three major credit bureaus. Go to annualcreditreport.com and follow the steps given to get your free annual copy of your credit report. Continue reading

The single most important thing to do is to pay your credit card bill on time every month. It’s also important to stay under your credit limit and not spend more than you can easily pay off each month. Making late payments and charging more than they can afford to pay off are the most common ways people get into trouble with credit. Continue reading

Yes, there are some legitimate credit repair companies, but even good ones do not offer any services you cannot do for yourself. It takes time, patience, and persistence to improve your credit score, but you can do it by yourself by contacting credit bureaus to correct misinformation or remove negative information. Continue reading

Get a FREE professional consultation by email:

  1. Invalid Email address.
Extra questions to describe your situation in more details:
* - marked fields are required to be filled
  1. Here at Credit-Land.com we will answer all questions to the best of our knowledge and understanding, but we are not legally accredited professionals. We assume no liability for actions resulting from our advice and cannot guarantee the accuracy of information in all cases. Please seek appropriate professional or legal advice when needed.
    Questions submitted to Credit-Land.com may be posted to our website with your first name, and may be edited for length and clarity. Please do not submit your Social Security number, credit or debit card number, or bank account number to us - though we will never share your name or email with anyone, sensitive information should never be posted to an FAQ form. We are not a bank or a credit card issuer, and we do not have access to your account information.
  2. Enter symbols from picture*

    Captcha
 

Please, tick that you agree with our policy.

Follow Credit-Land.com on Facebook, Twitter, and Google+
to keep up with the latest expert advice:

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Monthly reporting to the three major credit bureaus
For Fair/Bad Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit
No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use.
For Please refer to issuer's website Credit
Find Trending Tags:
Choose FAQs Category:
See more FAQs categories

Improve Your Credit with Secured Credit Cards

March 16, 2015