Monday, September 16, 2013

10 Healthy Ways to Build Credit ( US ga nga yang Credit labau mung kaja ra ai)

USA American ga nga sa madang lam hta Gum hpraw lu ra ai hta sha n  ga ( Credit  mung ) lu ra nga ai.Credit labau ntsawm jang n ta mari,Mawdaw mari lam shagu hta yak nga ai,
Credit labau kaja na matu lam amyu myu nga ai hta na ndai lawu na lam 10 hpe mai hti hka ja la nga ai.

Debt Image Gallery

It's pretty easy to obtain credit, but many people have no credit history. See more debt pictures.
David DeLossy/Getty Images
Credit makes the financial world go 'round. That's true for Fortune 500 companies, first-time homebuyers and aspiring college students alike. Lenders make decisions about the creditworthiness of borrowers based primarily on credit reports and credit scores -- two ways to quickly assess an applicant's credit history.
The strength of your credit history is what determines if you qualify for a credit card, a home mortgage or a car loan and at what interest rate. Have you always paid your credit card balance on time? Have you ever defaulted on a loan? It's all part of your credit history.
For new or young borrowers, however, this poses a serious catch-22: How do you qualify for credit without a credit history, and how do you build a credit history without first qualifying for credit?
More than 50 million American adults have no credit history [source: CNBC]. They've never applied for a loan, a credit card or any line of credit. While it's possible to pay cash for all expenses, it's hard to build enough cash reserves to pay for important milestones like a college education, car or home.
If you're ready to start building a credit history from scratch, you probably have a lot of questions. Where can a new borrower go for his or her first credit account? What do lenders look for in a loan applicant? What are some credit traps to avoid? Keep reading to learn our 10 healthy ways to build credit.

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