What's the best way to build credit for someone who has none?

**tinky** · August 2nd, 2005 04:59 PM

^^ Experian,Equifax & TransUnion

**luckytruck** · August 2nd, 2005 05:10 PM

if things go the way i want, i will be staying for the medium term. well, no matter what type of credit my cousin has, i am sure it is better than mine, which is none. pwede ba ang co-maker, from another state?

well, all i really need is a car when i get there, the rest of my expenses i can use my Philippine credit cards, so i guess a co-maker will be the best bet.

andy

**mrpink** · August 2nd, 2005 05:12 PM

checked the sites .. need to apply pa pala .. just wanted to check what my credit is .. closed an account around oct of 2000 .. tried to open a new account in 2002 .. got denied because i had outstanding debts raw sa 2000 account ko .. called the bank .. said the i had transactions for november .. told them that's not possible because i closed it oct .. clerical error pala .. but it's already a record in my credit history .. it'll clear up pa raw after 5 years .. wanted to check .. grrr ..

**Karding** · August 3rd, 2005 07:10 AM

mrpink, if they made a mistake, you can file a dispute. It took me 18months to resolve my disputes for wrong info on my credit file.

Meron namang one-time credit check from those 3 credit bureaus. I think $12.00 lang iyon. Im subscribed to Equifax Credit Watch where they send me text and email alerts whenever an activity is posted on my credit history.

mrpink, try this as well.

www.freecreditreport.com

Also, in California, we are entitled to one credit report annualy.

**empy** · August 3rd, 2005 08:00 AM

Originally Posted by missZ

are you staying here for good?
if someone is gonna co-sign you when purcahsing a car
make sure this person has a good credit history because
it's going to reflect on you.

cutie, this is not true ;)

your cosigner's credit rating matters only on whether you get approved for the loan. the effect on your credit rating is determined on whether you pay the installments on time or not.

Originally Posted by luckytruck

pwede ba ang co-maker, from another state?

yes, this is fine

**luckytruck** · August 3rd, 2005 08:12 AM

ayos, pwede pala different state, yung mga relatives ko na mga doctor at abogado sa states, tanong ko kung matulungan nila akong makakha ng mababang car loan/lease

andy

**Karding** · August 3rd, 2005 08:18 AM

goodluck Andy!

Sometimes, asking for help from relatives are harder than getting approved with no credit history

**luckytruck** · August 3rd, 2005 08:48 AM

hehehehe, i hear you on that

ano yung mga pop-up sa internet na "we wil help you get a loan, even with bad credit"?

stir ba yung mga yun?

**empy** · August 3rd, 2005 09:27 AM

Originally Posted by luckytruck

hehehehe, i hear you on that

ano yung mga pop-up sa internet na "we wil help you get a loan, even with bad credit"?

stir ba yung mga yun?

hindi po stir...but they will charge you staggeringly high interest rates because you are "risky". parang US version ng 5-6

**luckytruck** · August 3rd, 2005 09:38 AM

naku, hwag na lang

guys, what are you opinions on leasing brand new vehicles. According to my cousin, kung short ka ng cash at the start, this is the way to go daw.

wala bang bus and other public transpo sa California? or is it better, in the long run, to get a small car?

andy