Viewed: | 352 times |
Added: | 3 weeks, 1 day ago 18 Apr 2024 21:03 CEST |
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Your mamma told me how you would like to get your own house someday. But you have to establish some credit first. Here's what you should do...Apply for some department store credit cards. Department store credit cards are a cinch to get. Now listen up...After you loyally keep up payments on your department store credit cards for a year or so, go open a bank account. Then you would be eligible to get approved for a major credit card. After you have your major credit card a while, you can also get a 2nd major credit card. It would also help to finance a big ticket item to further build your credit. It doesn't have to be something like a new car. It could be something like a moped or an ATV. Then the day comes you see a house for sale you want. The first thing the realtor will ask you is, "Well, Omar. Do you have some sort of credit history by which a bank can grant you a loan for this house?" Then you can hand a copy of your credit report to the realtor and proudly tell him, "Yes I do. It's right here, Buddy". And bingo...You'll be approved for a loan on your new home. |
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