Topic

Building Credit

Building credit is a confusing process for many newcomers to the U.S. Learn the ins and outs of how to build your credit and reap the benefits.

March 23rd, 2022
Will multiple credit cards help you build credit faster?

If you’re starting to build your credit in the United States, opening multiple credit cards might be a good idea.

March 9th, 2022
What is a secured credit card and how does it work?

A secured credit card is a popular choice for people that are new to U.S. credit, or working to rebuild their credit. Read our complete guide to see what's right for you.

March 9th, 2022
What is a good credit score?

Getting a good credit score can take time, especially if you just moved to the U.S. — but it’s not impossible

March 9th, 2022
How to build credit in the U.S.

Knowing how to build your credit score is crucial when you're moving to the US. Good options for establishing credit in the United States are to transfer your credit score from your home country, applying for secured credit cards and others.

March 9th, 2022
The benefits of good credit

Credit scores can have a big impact on quality of life. In the United States, a good credit history has numerous benefits.

March 9th, 2022
How to get a credit score after moving to the U.S.

We showcase real stories of people who newly arrived in the U.S. and how they built their credit scores, and give advice on how you can skip these steps all together if you only want a credit card.

February 11th, 2022
No U.S. credit history? No problem if you want to apply for a credit card

Building a U.S. credit history is important for anyone who’s recently moved to the U.S. because a good credit score is required to do basic tasks like rent an apartment, lease a car and get a cell phone plan.

February 11th, 2022
The Key Consumer Segment Auto Lenders Are Missing

The auto market for both new and used vehicles continues to grow, yet auto lenders seem to be missing out on the opportunity to tap into a key market segment: newcomers to the U.S.

February 11th, 2022
Moving to Houston? Here’s what you need to know

Houston combines Southern hospitality with big-city energy. As the fourth largest city in the U.S., it’s also the most diverse. More than 140 languages are spoken here, and more than one-fifth of the people in the metro region are foreign-born.

February 11th, 2022
What’s the difference? Principal vs. interest

Two common terms often used in the world of banking and personal finance are principal and interest. We explain the difference between the two and apply these concepts.

February 11th, 2022
How to get a credit score without a Social Security number

While a social security number (SSN) is an identifier that credit bureaus use to locate and collect your information, it’s only one of several identifiers. Getting a credit report or a credit score without an SSN can be difficult, but here’s how to do it.

February 10th, 2022
How to Pre-qualify for an Auto Loan as a Newcomer to the U.S.

As a newcomer to the U.S., you may have to overcome substantial hurdles when purchasing and financing a car. Here is everything you need to know about how to get a car loan with no credit history and no cosigner.

January 31st, 2022
What is a credit reference? Definitions and examples

Credit references are documents that show the credit history of loan applicants and are also often used to support rental applications.

January 31st, 2022
Is no credit better than bad credit?

Are you more likely to get approved if your credit history doesn’t exist or if your credit score is poor? We discuss which is worse: bad credit or no credit.

November 17th, 2021
What is a thin credit file?

When you have a thin credit file, lenders won’t have enough information on your personal finance history to make an informed decision on your application. However, there are strategies you can use to thicken your credit file quickly.

January 21st, 2021
How do credit card rewards work in the U.S.?

In the U.S., there are three main types of credit card reward programs: cash back, issuer rewards programs and co-branded rewards programs. Before signing up for a new card, learn about the differences to determine which card might be right for you.

August 19th, 2020
When should I ask for a credit limit increase?

A recent poll revealed that 85 percent of cardholders who asked for a higher credit limit received one. A credit increase can not only improve your credit score, but it can also you access to more funds.

August 18th, 2020
Credit age: How the length of credit history affects your credit score

The length of your credit history is one of the biggest factors that affect your credit score. Find out why in this article, as well as how to improve your credit score despite having a younger credit history.

August 18th, 2020
How to dispute credit report errors

One in five consumers has an error that a credit bureau corrected after the consumer disputed the mistake. Learn about who you can correct inaccuracies on your credit report.

August 18th, 2020
How to combine credit cards

Keeping track of the balances and payments on several cards can be daunting, but there is a way to cut down on the number of cards or payments you make: balance transfer.

August 18th, 2020
What is an average credit score?

The two primary credit scoring modes in the U.S., FICO and Vantage Score, consider similar factors and use a similar range of scores

April 6th, 2022
Who should (and who shouldn’t) get the Amex Platinum Card?

American Express is one of the most popular card issuers due to the considerable rewards offered by its wide variety of cards. Below, we provide a guide to one of the most popular cards the Amex Platinum card.

May 6th, 2022
Great secured credit cards in 2022

Use a secured credit card to establish and build your credit in the United States. Credit card companies create these secured cards specifically for people who are new to credit. However, they typically don't have as many benefits as premium credit cards.

May 13th, 2022
Great credit cards for international students [2022]

Looking to build credit as an international student in America? A credit card designed for students might just be the answer.

May 13th, 2022
How to apply for a credit card without a Social Security number (SSN) [2022]

You may not have a social security number. Read how to apply for a credit card without an SSN to build your credit. Learn all you need now!

May 13th, 2022
How you can use credit cards to build credit history

What's the deal with the credit card craze? They often offer rewards, have stronger fraud liability protections than debit cards and allow you to pay off large balances over time. Credit cards can also help establish and build your credit.

May 13th, 2022
Great credit cards for people with no credit history [2022]

Getting a credit card can be difficult when you’ve recently moved to the U.S. and don’t have a local credit history. So we made a list of great credit cards that people can get with no credit history.

May 13th, 2022
How to get Credit Cards for non-U.S. citizens in 2022

It is possible for a non-US citizen to get a US credit card! We’ll show you how.

May 13th, 2022
How Canadian Citizens can apply for U.S. credit cards

If you're a Canadian citizen moving to the U.S, you can now use your Canadian credit history to apply for a U.S.credit card, rent an apartment or take out a loan in the States—and build a U.S. credit score in the process. Learn more in this article.

May 13th, 2022
How to use your international credit report to get credit in the U.S.

Newcomers to the United States used to have to build credit from scratch — now they can transfer their international credit report to the U.S. to apply for credit cards, loans, housing and more.

May 13th, 2022
How to start building credit at age 18

Establishing credit takes time, but starting early also teaches you valuable lifelong lessons such as managing debt and finances.

May 13th, 2022
How to apply for an American Express card with your international credit history

Moving to the U.S. used to mean that you have to build credit from scratch to apply for credit cards. Now you can apply for American Express cards in the U.S. with your international credit history through Nova Credit.

May 13th, 2022
How Brits can use their international credit history in the United States

In the past, different credit reporting systems and laws made it difficult to share credit information across borders, even when the credit reporting agencies operate in both countries. Today, it’s possible to transfer your UK credit history to the U.S.