Short Term
A quick way to build credit
Pay bills on time
On average how long does it take to pay off auto loans?
On average it takes five to six years to pay off auto loans.
On average how long does it take to pay off a mortgage?
On average it takes 25 to 30 years to pay off a mortgage
What is considered a excellent credit score?
To become an authorized user you must ask a family member or a friend to add you to their credit card.
How can you lower your credit utilization ratio?
True or False: keeping older credit card accounts open builds longer credit history?
True
What is the range of credit score?
300 to 850
How often should you pay off a secured credit card?
You should pay in full each month.
How often should you check your credit report?
You should check your credit report about one to fours times a year.
What percent of you credit limit should you have below your credit card balance?
You should try to have your credit card balance below 30% of your credit limit.
What range is considered bad credit?
300 to 500