Another way to build credit without a credit card is to establish a loan in your name – perhaps a student loan or car loan – and paying off as soon as possible. Being liable for a loan demonstrates ...

There are lenders that work with customers of all credit profiles. That said, you're more likely to qualify for a loan with a high interest rate, making your car purchase expensive. Make sure to ...

To get the best possible interest rate on a car loan, it’s important to ... subprime applicant’s circumstances and make exceptions if problematic credit history results from one-time medical ...

Why build credit? You’ll need decent credit if you ever plan to apply for a mortgage to buy a home, or if you hope to get a car loan with a good interest rate, or if you want to qualify for a ...

While this isn’t the best option as it will increase your debt load, it might make sense if you have no other way to get a loan and need a car as soon as possible. If you do use a credit card to ...

If you have excellent credit, you may even qualify for a rate under 5% on a new car loan. However, if your scores are below 500, you may receive a rate of 18% or higher, if you qualify at all.

Is It Possible To Buy a Car With No Credit? While lenders look at creditworthiness—which measures how likely you’ll be an eligible borrower and make on-time payments on your loan—they might ...

Considering that auto loan payments are often one of your largest monthly expenses, it makes sense to wonder if you can take advantage of using a credit card to make your payments. That could mean ...