Summary: In order to obtain credit, people must be in good standing with a credit card company or build credit by getting and maintaining a number of low-ceiling cards. Find out how to establish good credit standing by improving your credit card payment history with the advice in this free video on personal finance from a licensed mortgage broker.
Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker. Torres has been doing credit repair since...read more
"Hi, so you're wondering how to obtain credit whether you're looking to get credit for a home or to buy a car or you're just looking to get a credit card. No problem, I'll be able to answer those questions for you. My name is Adriel Torres and I'm the owner of ultimatecredittoday.com. In order to get credit these days you have to have either good credit standing or if you're a person that does not have any credit at all, you can start off with different small credit cards which you can find online by typing in obtaining new credit. There are many lenders that give credit out to people that don't have credit or have very minimal credit or have bad credit and that's to establish credit. One thing about credit is the history of payments. It is based on how well you repay your loans. Whether its a mortgage loan or a credit card loan, any type of loan that is put into your credit report by all 3 bureaus, credit agencies, you must repay in time. That's the best way to obtain better credit, higher credit and lower credit cards as you build your credit history. And again, its based a lot of, a lot of credit today is based on your overall credit standing and deals with your mortgage, deals with credit cards, deals with student loans, it deals with all types of loans. Again, my name's Adriel Torres and I'm the owner of ultimatecredittoday.com. Thank you very much."
eHow Article: How to Obtain Credit
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.