Hi With no credit history as on date, i'd planned to use my DCU VISA Card sothat i can build a good credit history. I would like to build an unblemished credit history. I intend to pay-off everything i owe every month to the Card issuer. What kinda credit history will that lead to? Regards Ashley
RE: Building a good or excelle First things first, does this company DCU? Visa report to the credit bureaus? If not all your work may be for naught if so you should begin to receive any number of "pre-approved" offers anywhere from 6 months to 1 year. Ashley, regardless of what others may imply paying off in full is the best credit strategy and leaves you with the least headaches. While true there are card issuers who despise "convenience users" such as yourself, mostly because they can't rip you off for fees and by jacking up your rate you'll always find a home with AMEX and other high-end issuers who I'm certain would be happy to take your business.
