2007-03-14 17:19:17 · 3 answers · asked by Direktor 5 in Business & Finance ➔ Credit
Well it will if you make your payments on time, just dont ever be late on your payments because it is always reported to the credit bureaus if you are 30 days past due. It also depends on what your credit score is right now whether or not it will boost your credit, but like I said as long as you make your payments on time, your credit should be good!!
2007-03-14 17:25:33 · answer #1 · answered by Loan_Officer_Diva 2 · 0⤊ 0⤋
Only if you get a loan to buy the car. Using credit and then making the payments on time gives the credit bureaus something to go on to create a credit score.
2007-03-14 17:26:03 · answer #2 · answered by itry007 4 · 0⤊ 0⤋
Max out the amount so that you don't need to pay right away. One month later when the bill comes, pay all the balance.... this way, you will build your credit.
2007-03-14 17:32:49 · answer #3 · answered by candy 3 · 0⤊ 1⤋