When you’re new to credit, you don’t yet have a record of paying as agreed. Creditors are reluctant to extend credit because they don’t know anything about you. If you have poor credit, though, the problem is that they do know something about you — and what they know makes them nervous about the chances...
The article How to Rebuild Credit originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/finance/how-to-rebuild-credit/
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