Nowadays a high credit score is more than just a song; It is a gateway to financial opportunities. But what happens if you don’t have a credit card? Is it still possible to build a solid credit profile? Certainly. There are several but equally effective ways in which you can increase your credit score without ever using a credit card.
Factors that influence the credit score
Before using methods, it is important to know what influence is on your credit score:
In conclusion, you can develop a great credit history without ever using a credit card by simply managing your loans, being intentional with your loan decisions and monitoring your credit.
Indemnification: Mint has a bond with Fin-Techs for providing credit, you must share your information if you apply. These tires have no influence on our editorial content. This article only plans to teach and distribute consciousness over credit needs such as loans, credit cards and credit score. Mint does not promote or encourages taking credit if it comes with a series of risks such as high interest rates, hidden costs, etc. We advise investors to discuss with certified experts before we take credit.
