Building good credit history has become, as much a part of coming of age as celebrating your 21st birthday, because without credit it will be impossible to buy anything that you can’t pay cash for on the spot.  That could include clothes, shoes, furniture, cars, and of-course, a home.  The trick is that you can’t have credit by simply snapping your fingers, you have to build it for a while, but with help from experts like Vivix Credit Solutions it’s not that hard to do if you follow some simple guidelines.

A good credit history is important because people won’t lend you money until they have proof that you are capable of paying it back.  Vivix Credit Solutions has counseled many people just starting out in the financial world who were surprised to learn that they already had a credit history.  You could have earned it through something as simple as maintaining your checking account without bouncing any checks, paying for a gym membership or paying on a student loan.  Is your apartment in your name?  How about the phone and utilities?  Those will also contribute to building a history, so be sure to pay all of them on time.

A credit card is a great start for establishing a credit history, and your bank is the best place to begin.  They already know you so the least you should be able to get is a secured credit card, which means you’re using the money in your checking account as collateral.  Once you’re proved that you are a good risk you’ll be able to get an unsecured credit card.  Don’t think that your debit card is helping your credit history because it simply deletes money straight from your checking account.  Ask a Vivix Credit Solutions representative about other ways your bank can help you to build credit history

A gas card is also relatively easy to get, and because you can only use it at the sponsor’s stations, you will be limited in how much you will charge on it each month.  In the same family as the gas card is the department store card.  Again, they’re relatively easy to get and you are limited in that you can only use it in the store that provided it.  More good advice from Vivix Credit solutions is to look for ‘same as cash’ finance deals while you’re in the store.  They allow you to stretch the payments for an item over 3, 6, or 9 months or more without charging you interest on the loan.  It is an excellent way to build a good credit history without it costing you any money.

A steady job background is very important to your credit history so keep a good record at work. It also helps to stay at the same job for a good period of time.  Vivix Credit Solutions urges you that while building your credit with purchases on time and when using your store and credit cards, don’t buy items that you don’t need just to establish credit.  Too many people get too far into debt by overusing their cards.  Make sure that you charge only what you can pay cash for in order to guarantee that you don’t get overextended.

The way to keep a good credit history is simple; pay your bills on time.  It sounds easy but emergencies come up sometimes and the cash isn’t available.  Use your cards when you need to, but just make sure you are buying only what you need. Contact Vivix Credit Solutions today for a free consultation:  https://www.vivixcreditsolutions.com/freeconsultation.