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Building Good Credit - Quickly

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Apr 24, 2007, 11:26:15 AM4/24/07

Excert from the book



Establishing a good credit history has never been more important as it is today.  Poor credit can make it difficult to get loans, insurance, or even a good job. Anyone who has never used credit, does not have credit, or has a poor credit history needs to build a good credit history and will benefit from the information presented in this book. The information in this book has been very useful to college students and young adults just starting out, and immigrants who may not yet have established a credit history in the U.S.

The purpose of this book is to show you how you can build credit from ground zero and in a short time establish good credit in your own legal name, saving you time and money on expensive legal, financial and service fees.


This is accomplished by showing you street-wise tactics and techniques that will help you build credit including examples of what to avoid. The examples and illustrations in this book are for example purposes only and may not be exact or precise.


You will also learn some of the common pitfalls to avoid so that you may not fall into challenging credit situations. You can also use the techniques and information contained in this book to help you rebuild your credit if your credit history has been challenged. 


The information is this book is very helpful and is not designed to explicitly replace legal or financial professionals. It is always wise to consider or consult legal and financial professionals when necessary.


Table of contents:


Table of Contents. 2

The Purpose of This Book. 3

Your Credit Score. 4

Opening and Closing Credit Accounts. 5

High Interest Loans. 5

Credit Card and Revolving Credit Balances. 6

Installment Loans. 8

Student Loans. 9

Co-Signing. 9

Watch Out For These. 9

Automobiles. 10

Put Yourself on a Budget 11

Credit Counseling. 12

Avoid Bankruptcy. 12

Secured Credit Cards. 13

Real Estate Loans. 13

Watch out for scams. 14

Checking and Savings Accounts. 15

Keep Your Records Current 15

Dealing with Creditors and Debt Collectors. 16

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