Building credit over next 9 months - best options?

I'm looking to build up my credit as much as possible over the next 9 months or so. I'll be applying for a car loan and apartment lease at that time and want to ensure I get the lowest interest rate possible and get accepted for my lease. I'm currently debt-free on paper and have no bad credit marks on any of my 3 credit reports. However, I have zero credit cards of any kind in my name. I also owe about $7,000 to my parents. When I pay this off and save up for the car down payment & apartment move-in costs, I will need the better credit. I was thinking of applying for a couple of credit cards to start building credit (and just using them sparingly - a small charge once per month and paying it off every month), but I'm not sure if that's the best course of action. Also, if I do this, I want to get cards that I can use over the long-term as I am aware that longevity is important for credit scores. I'd like to avoid annual fee/high interest cards, if possible. Thanks!!

Public Comments

1. A good credit score is a vital asset for your financial present and future. To a large extent, your credit standing determines what opportunities are open to you, especially as it concerns finances. Therefore, the importance of building a good credit rating cannot be over emphasized. 'It's a thing you really can take to the bank'.There are several steps you must follow and some rules you will have to adhere to if you sincerely want a good credit standing. However, after establishing your credit<!--worthiness, you will find that it was worth the stress.Another strong point you can make while building good credit is a solid income history. Maintaining a good record with banks and other creditors will also go a long way in portraying you as credit worthy. Visit the site to know more on how to build a credit. http://badcredits.awardspace.com/repaircredit.htm To build good credit, it is also useful to get national or local retailer's card. It is always easy to win credit from retailers and once you have established a good track record with a retailer, you could use the reference to boost your credit and also to secure additional credit from others. You will find it quite easy to establish a good record with-->retailers and will also be pleasantly surprised at the positive influence it can have on your credit rating.Just like repairing bad credit, building a good credit rating requires time and a lot of financial discipline, but in the end, you will be proud of what you have achieved.
2. Credit cards are not always good for your credit, Apply for numerous cards can actually mark your credit even if your not approved. I was accepted for a credit card for Bank of America and took advantage of the zero interest for six months and used it for gas once a month and payed it off asap. Paying bills early is also one way to increase your credit score. phone bill, rent etc.