How to build your credit if you don't have any.

If you have no credit a good way to start is opena credit line such as a car payment or credit card. If you can not get approved for either you can go to the bank you bank with or a credit union (I recommend credit unions over commercial banks) and ask them for a "secured credit card". This will require you to put the money say $500 for example into an account. The bank/credit union will put a freeze on the $500 and issue you a credit card with a "secured" $500 limit. After you make your payments on time for about 6 months you can reapply for an "unsecured" credit card. At that time they will release the freeze on your $500 and then it will work like a traditional credit card and it will help you build your credit. Make sure you only charge what you can afford and pay it off each month. 

If you would like to discuss an investment strategy further please feel free to contact me directly. 

Best Regards,
Robert Adams
Broker/Salesman
The Adams Team at
Rothwell Gornt Companies
C:702-349-9175
F:702-932-8826
RobertAdams@LVrealestateHELP.com
http://www.LVrealestateHELP.com