Building Credit Score

One of the things that I can honestly say I never worry about before is having credit. I tried very hard to avoid it as much as possible because I don’t like the stress of having debts. I saw how much it stressed out my mother which in turn stressed me out as well. Unfortunately my parents didn’t have a lot of choices so they had to resort to having debts when they hit a rough spot financially. There’s 5 of us that they needed to feed and it was only my father who was working so it was very tight financially. I guess that’s where I learned to be wary of incurring debts. So when I came here in the US, imagine my shock when I was told by the hubby that I have to have credit cards in order to have credit history and to build a good credit score for future use. Huh? It’s a total opposite from what I’ve been used to but what can I do? I now live in a place where credit history can have a great impact in your life.

Needless to say, I was persuaded to get credit cards in my name. My first attempt was get a store credit card. Guess what? I was denied because I didn’t have any credit history. Ha! So I had to apply for the regular credit card to get a head start on this ‘insane’ journey. A few years after I had my first card, my credit history was put in test. We applied for a mortgage. Lo and behold, we got approved quite easily it was rather scary. Apparently, hubby’s and my credit score are both good so we got pre-approved by all the banks we tried. I guess the free credit score site was correct when it gave me an above average rating, eh? Honestly, I didn’t expect much when we checked my score since it’s only been a couple of years since I started building my credit but I guess the time frame didn’t have that big of an effect to the score itself as long as dues are paid on time.


Popular posts from this blog


Lucky 13

100 Truths...a Tag!