ev9295 Posted March 23, 2015 Share Posted March 23, 2015 I have no credit right now. I just started work and will pay a Netflix bill, cable bill, and adobe illustrator bill. For a year to build up credit, then I'll be 24 and I want to lease a used Honda crv. Would that be possible. Link to comment Share on other sites More sharing options...
BrIaN EG2 Posted March 23, 2015 Share Posted March 23, 2015 netflix and cable bills wont do much if anything to your credit at all.. not sure about the adobe bill but i HIGHLY doubt it.. phone bills wont help either.. any type bill like that will not help you itll just hurt your credit if you end up not paying.. only thing that will really help your credit is to get a credit card and let them build some interest on you but dont miss payments.. best advice to build credit is get a small limit CC ($500) and max it out, pay it off by the minimum amount owed each month. that way the company can gain interest off you and you will gain credit. i went from 0 credit to a 650 in a year that way. also car and/or home loans help with credit.. Link to comment Share on other sites More sharing options...
BrIaN EG2 Posted March 23, 2015 Share Posted March 23, 2015 also on the small max CC pay it off early, pay the minimum or slightly over the minimum then later down the road pay the rest off early.. say your monthly due for a $500 max CC from the company is $25, pay $40 or more each month until its payed off. this way the company gains interest that you are paying back which will build credit.. i hope this makes some sense to you Link to comment Share on other sites More sharing options...
Humphries Posted March 24, 2015 Share Posted March 24, 2015 check your credit, unless you have a 650+ with a decent credit history, leasing is kind of difficult. but i've seen younger people pull off the lot with brand new cars and no credit history. best bet is get a co-signer with a good score who's willing to trust you. if you skip out on the bills, it reflects badly on the co-signer. Link to comment Share on other sites More sharing options...
BrIaN EG2 Posted March 24, 2015 Share Posted March 24, 2015 ^ true story.. usually if someone drives off with zero credit they have one hell of a interest rate on the car.. granted you can always refinance once you start to build credit but you never want to start with a high interest rate.. i had a 653 when i bought my BMW it was $23,000 and i got 3% interest with a $4,500 down payment.. im still paying for that damn turd and i have a little less than $4,000 left to pay.. going to pay it off soon, fix the few issues with it and sell the damn thing for about $8,000 Link to comment Share on other sites More sharing options...
bryan_fernandezz Posted March 25, 2015 Share Posted March 25, 2015 You could lease the car as long as you have a good co-signer and a pretty good down payment. I was about to lease a 2011 Subaru STI and I'm 18 with no credit I just had a very good co-signer and a good down payment. But i backed out but you should be fine WITH A COSIGNER. Link to comment Share on other sites More sharing options...
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