Millions of Americans – maybe even you – are classified as either credit invisible or credit unscorable. It can happen to anyone, from young adults on their own for the first time to military personnel returning from overseas deployment and those who are recently divorced or widowed.
If you are credit invisible, you can’t get access to credit. No credit cards. No home mortgages. No auto loans. No cellphone service contracts.
Are you ready to become credit visible? Are you ready to get what you need in life, like utilities in your name, the best deal on a cell phone plan, renting that better apartment, and an unsecured credit card?
You need to know how to get credit. Here are 3 things you can do NOW to start becoming credit visible:
- If you’re paying your rent on time each month, start building your credit score by having your rent payments reported to the major credit bureaus.
- Get a secured credit card.
- Become an authorized user on someone else’s credit card.
Whether you’re credit invisible or credit unscorable, with a plan, you can proactively build your credit score.