vasile Posted May 19, 2015 Report Share Posted May 19, 2015 I want to build up credit so I can buy a new car. Can anyone suggest ways that I can do it. I’m a university student and I’m trying to buy my first new car. Quote Link to comment Share on other sites More sharing options...
LUED Posted May 20, 2015 Report Share Posted May 20, 2015 It will take time. Only way is to get a credit-builder credit card, and use it wisely. Your credit should build up after a year or so. Quote Link to comment Share on other sites More sharing options...
george Posted May 22, 2015 Report Share Posted May 22, 2015 Use it every day, put money back every week, wait 6 months and go apply for car finance Quote Link to comment Share on other sites More sharing options...
vasile Posted May 22, 2015 Author Report Share Posted May 22, 2015 why 6 months?? can i do it faster? Quote Link to comment Share on other sites More sharing options...
LUED Posted May 22, 2015 Report Share Posted May 22, 2015 It would take time for a bank/credit reference agencies to see how well/badly you manage credit. Quote Link to comment Share on other sites More sharing options...