Do credit cards help to build credit history?

Answer Having a credit card in your name will build your credit history because of the monthly payments you are required to make. Building a good credit history contributes to having a higher credit score... Read More »

Top Q&A For: Do credit cards help to build credit history

Using Credit Cards to Build a Credit Score?

A strong credit history will save you a lot of money over a lifetime. If you have a sparse credit history or none at all, establishing one will help you get better interest and terms on any money y... Read More »

Prepaid Cards That Help Build Your Credit?

Prepaid credit cards are similar to debit cards. Consumers must create a "collateral account," or a separate savings account that is used to secure the credit card. The credit line on the secured c... Read More »

How to Build Credit Without Credit Cards?

Most people build credit by using credit cards wisely. But not everyone gets approved for credit cards, and some people might want to avoid dealing with credit cards altogether. Here are some tips ... Read More »

Do debit MasterCards help build credit history?

A MasterCard debit card does not help build credit history because it is not the same as a credit card. With a MasterCard debit card, banks do not report to the three credit rating agencies. Banks ... Read More »