Credit Project

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  • What types of credit information is out there?
  • Well types of credit card information include different kinds of credit, loan accounts, credit limit, account balance and payment.
  • What kind of information can I find on a credit report?
  • You'll find information such as your credit accounts and lenders will report on each account you have established with them.
  • I know that open-ended credit includes credit cards, but what are some examples of closed-ended credit?
  • Some examples are auto loans and mortgages.
  • How can I build a positive credit history?
  • Well you can start by paying your bill on time.
  • You can also have a variety of credit accounts and avoid having to many one-type accounts
  • Wow, thanks I've learned a lot today!
  • No problem.
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