I turned 18 in September of last year. I've have 3 bills each month to pay. I've had to pay: car insurance, cellular phone, and credit card(I didn't need a co-signer, my car insurance agent *Got my credit card through state farm* put in a good word.) I've paid my cellular phone bill about two weeks in advance ever since i've got it. My insurance, I have it automatically taken out of my checking account each month. As for my credit card, I pay an AVERAGE of $430 EVERY TWO WEEKS. So far i've used and paid off about $4,000 since i've had it in the last four months. After 3 months of using and paying off my credit card, my credit limit was raised from $500 to $1,000. The reason i've used my credit card so much, is to hopefully raise my credit score faster. I pay about 80%-90% of my balance every two weeks. So I was wondering if it is going to be easier for me to get a $20,000 car loan from my credit union in two months, showing my good standing in credit and also by putting $2,000 down.
2007-03-08
05:14:20
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0 answers
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asked by
Chris M
1
in
Credit