Hello,
I would like to start working on my credit even though I will not need it for sometime. I was wondering how long dose good credit last in the system? Life time? Thanks..
2007-08-09 09:22:26 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
Yes, good credit last a lifetime. And please, stay away from credit cards. It is not true that you need them to build credit. Go to your banker and talk with him about how to get credit and keep it healthy. Just don't buy into the hype from credit card companies.
2007-08-09 09:30:45 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Pay your bills on time and you get a good credit history. That's the long and short of it.
Negatives stay on your credit report for 7 years.
2007-08-09 16:29:57 · answer #2 · answered by bdancer222 7 · 0⤊ 0⤋
Banks like to see money coming in and going out in a controlled manner paticularily direct debits which are dated and show you are responsible. Setting up standing orders and direct debits which you pay on time will make you look good to the computer and it is the computer which says yes.
2007-08-09 16:35:08 · answer #3 · answered by robert h 3 · 0⤊ 0⤋