Building your credit

Building credit is a process that takes time, but knowing where to begin can be a key component in reaching your future financial goals.

According to the Consumer Financial Protection Bureau (CFPB), there are a few products and actions that can help you build credit.

HERE ARE THE PRODUCTS TO USE WHEN BUILDING CREDIT:
 •Secured credit cards
•Credit builder loans
•Retail store credit cards

 HERE ARE ACTIONS TO TAKE AND THINGS TO KNOW ABOUT BUILDING YOUR CREDIT :

•Request and review your credit report at least annually atwww.annualcreditreport.com
•Know what matters when trying to build a good credit score
•Take appropriate steps to correct any issues on your credit report
•For more information about building credit, check out the following resources from the Federal Trade Commission (FTC):

Building a better credit report - English

Building a better credit report - Spanish

Contact me today (919) 714-8796    nevin@fairwaymc.com     www.NevinMortgageTeam.com 

Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License No 41DBO-78367.  Licensed by the Department of Business Oversight under the California Financing Law, NMLS #2289.  Loans made or arranged pursuant to a California Residential Mortgage Lending Act License.  Fairway Independent Mortgage Corporation NMLS Entity ID #2289 (http://nmlsconsumeraccess.org/EntityDetails.aspx/company/2289).