How long do you need an active credit line to achieve a valid credit score?

Answer On One Hand: Just a Few MonthsIf a borrower opens up a trade line and uses it frequently, it should take him just a few months to create a valid credit score. However, it should be noted that the c... Read More »

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What is the highest credit score an individual can achieve?

The highest FICO credit score is 850, and only about 1 percent of the population has a perfect credit score, according to the Motley Fool. The FICO score is the most widely used credit score.Refere... Read More »

Can Reduction in a Home Equity Line of Credit Affect My Credit Score?

A home equity line of credit is a type of secured revolving credit that uses your home's equity -- the value of the home minus mortgage owed -- as collateral. In certain cases, your lender may deci... Read More »

Do i need an active phone line to have at & t dsl?

No, you do not,you can get what is called a (dry loop),and because it is a dsl connection only,you do not need to use any type of filters or splitters in your home.Hint Hint,since you are just payi... Read More »

Do i need to make charges on my credit each month to raise my credit score?

On One Hand: No ChargesBuilding good credit doesn't need to require any action on your part. What builds good credit scores is using 10 percent or less of the available credit on the card and payin... Read More »