Term: non-traditional credit
2 found

7 Ways to Build Credit Without a Credit Card

By Steven Shaw on 8/7/2015

build credit

Let’s say you know you want good credit, but you also know you do NOT want the most ubiquitous credit product around. No way do you want a credit card. Perhaps you follow a certain personal finance guru’s advice to avoid them. Or maybe you’ve gotten in trouble with them before and don’t want to take any chances with having one again. Whatever the reason, you don’t want to go the plastic route.

alternative credit
alternative data
build credit
establish credit
non-traditional credit

No Credit Score? You Still May Have Decent Credit

By Steven Shaw on 1/9/2015

no credit score

Tens of millions of Americans don’t have credit scores, meaning they have little or no access to things like credit cards, auto loans, personal loans and mortgages. People with poor credit are similarly limited, and there’s a good reason for that: Without a good credit history, you’ll have a hard time finding someone who will extend you credit. Sure, lenders consider other factors when evaluating potential borrowers, but a decent credit score gets your foot in the door.

alternative credit
credit
non-traditional credit