Difference between revisions of "Build Good Credit"

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{{fa}}A good credit score is an essential part of getting good loans and evening the playing field with lenders. The average FICO credit score for Americans is roughly 720, meaning that half of Americans have a worse credit score and half have a better score.<ref>http://money.msn.com/credit-rating/raise-your-credit-score-to-740-weston.aspx</ref> The only way to establish good credit is to actually to start buying on credit. This is the only way to establish a credit history which reveals your ability to pay for things that you buy or use.
 
{{fa}}A good credit score is an essential part of getting good loans and evening the playing field with lenders. The average FICO credit score for Americans is roughly 720, meaning that half of Americans have a worse credit score and half have a better score.<ref>http://money.msn.com/credit-rating/raise-your-credit-score-to-740-weston.aspx</ref> The only way to establish good credit is to actually to start buying on credit. This is the only way to establish a credit history which reveals your ability to pay for things that you buy or use.
  
[[Category:Credit and Debt]]
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[[Category: Credit and Debt]]
  
 
== Steps ==
 
== Steps ==