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So I just turned 19 years old and I’m trying to build my credit, what do I do? How do I do it? I mean I do have a credit card, I just got a new car is there anything else I need to do or should do to help build my credit? If so please help, I just want to start being able to build a positive life for myself.

8 Thoughts on How do I build up my credit score?
  1. Reply
    Jeremy Kitching
    July 18, 2011 at 6:13 am

    Continuing to make on-time payments to your current debt should be sufficient. Also, keeping the balance on your credit card under 20% of the available credit line will also help your score.

    You can actually build a solid credit history without the use of debt. If you are currently paying recurring monthly bills like rent, utilities, cable, Internet, insurance, and cell phone you can create an account at PRBC is an alternate credit bureau that allows you to build a profile of all your bills. When you are ready you can order a verification ($ 15-$ 20 per account) where your payment history is verified. Your good payment history can then be used to build a PRBC credit report, which you can request lenders look at as a sign you pay your bills on time.

  2. Reply
    ♫♪ me ♣♠
    July 18, 2011 at 7:08 am

    You’re on the right track. Just make SURE you make all of your payments on time every month. Don’t fall behind or your credit score will be low. And you will regret that in the future.

  3. Reply
    Kraig P
    July 18, 2011 at 7:14 am

    you should start by going to Experian or another credit reporting agency, they have advice about improving your credit score and what you should avoid.

  4. Reply
    July 18, 2011 at 8:08 am

    To build up your score, since you are young it’s going to be lower from the get-go. Don’t go get credit unless you need it. Stick with the debt you have and don’t take on anything new. You’re monthly debt ideally should be less than 2 weeks of your income. If it’s over 2.5 weeks pay to pay your monthly bills you won’t have room for extras, by that I mean food, clothing, gasoline. If you pay off your credit card and don’t want to use it anymore, don’t cancel it. Just destroy the card. It shows on your credit record you have X amount of dollars available credit and that adds to your score. If you are going to pay your car payment late, don’t ever let it go past 20 days late. That’s when it starts to hurt. And NEVER be without credit. I paid off stuff early. Got loan and credit card free. Four years later I applied for a loan, after getting my credit scores online a few months previously, and found my 726 became a NC/NS – meaning I had no credit, no score. You can read my report and see that I have less than $ 1000 of debt, 4 paid off early auto loans, a vacant land loan, a construction loan and a mortgage, all paid in good standing (but not active). I now can’t get a loan from anyone for less than 22% – that’s bad. And I make $ 16 an hour.

  5. Reply
    July 18, 2011 at 9:02 am

    Make more than the min payment when you can…stay on time and never charge anywhere close to the limit.

  6. Reply
    Joe C
    July 18, 2011 at 9:36 am

    Your heart is in the right place, but we just need to get the rest of you there.

    Wanting to have good credit is the right thing to do, but you need to know how the credit system works.

    Many people want to go into debt (take out loans or line of credit) in hopes of building their credit rating, so that someday they will be able to go deeper in debt.

    You have the opportunity to start out on the right foot.

    Make all of your payments on time. (Rent, car, phone, etc)

    Pay off any outstanding debts. (The car)

    Live debt free.

    Trust me, you will be happier.

  7. Reply
    July 18, 2011 at 9:43 am

    It’s great that you want to build up your credit score and be positive, especially when many credit card holders are over their heads in debt. Making car payments, utilities, and paying any other monthly bills on time will definitely help to keep you on the positive side of the credit crunch.

    Spend a little spare time to educate yourself about any fees which may be incurred when applying for a credit card with a credit card company such as monthly fees, annual fees, introductory A.P.R., as well as policies on late fee or over-the-limit fee amounts. To protect your credit score, it’s important you always pay your bill on time without maxing out your credit limit regardless of the credit card company.

    Many credit card holders opt for credit builder debit cards, such as the Prepaid Visa Debit Card, while building or improving credit scores.

    You may also find more useful information and additional advantages of using debit cards by reviewing the following guide

    Good luck on building your credit score!

  8. Reply
    Cherry Joe
    July 18, 2011 at 10:09 am

    There are some articles on What Is a Good Score , How Your Credit Score affects You , How Your Score Is Calculated , if you are interest to get further information, you can take a look at

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