QUESTION: Do I need to have credit & how do I build good credit?
Answer: Yes, we all need a credit file. To build good credit, the one thing you have to remember of all the stuff that we hear about is that you need to pay as agreed.
So when you apply for credit, qualify for credit, and you make the loan, you need to pay as agreed. If you agreed to pay 100 dollars on the 15th of each month, you want to make sure you pay those 100 dollars on the 15th of each month.
That’s the primary builder-paying as agreed.
