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How long it takes to build credit depends partly on what you do after you get your first credit account. We offer strategies to help credit newbies move up to a good score more quickly and avoid credit mistakes..
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Remember, negative items stay on your credit report for years, so if you've got collections, a bankruptcy or another significant derogatory item in your history, you can expect to make a full credit score recovery after that amount of time passes..
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Never have a balance greater than percent of your credit limit. It takes at least three months and often six months of activity before a credit score can be calculated. Make a small purchase each month and then pay it in full right away to show you are responsible with your credit use. In time, you will build strong credit scores..
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