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How to Build a Credit Score from No Score

Always remember that building a credit score from scratch does not happen overnight. Have some patience, develop the right strategy and check credit score online to keep a tab on your credit score progress.<br>https://www.clix.capital/check-credit-score/<br><br>

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How to Build a Credit Score from No Score

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  1. How to Build a Credit Score from No Score Many of us come across our credit score at some point in our lives. But what about those without credit history? If you have never had a credit card or loan, your credit history is likely to be blank. Moreover, having no credit history means that there is no record of how you might manage debt, so these people can face loan/credit card rejection.

  2. Secured Credit Card A secured credit card has a great possibility, in the absence of a credit history, the lender will not give an unsecured card to you, it is very easy to use without any collateral or guarantee. But don't lose hope, because you have a choice of secured credit cards. That's right! As far as building a credit score is concerned, a guarantee card is an ideal choice. There are many lenders known for providing these cards with fixed deposits of a certain amount. For example, the SBIUnnati Credit Card and ICICI Coral Credit Card with fixed deposit are the few options you can consider.

  3. Bike Loan/Personal Loan No credit history for bicycle loan/personal loan? Don't worry, because in this case, you can also use the loan to build your credit history. Surprised to see this? Well, you read it right! If you have a salary account, my friend, it can also benefit you. Company payroll account holders have a great chance of obtaining loan approval, even if they do not have an Experian credit score.

  4. Employees of Renowned Companies with Good Income • Employees of well-known companies with good income work in well-known companies and earn good monthly income. Even if the credit score is zero, it is easy to obtain loans or credit cards. Many lenders prefer employees who work for CATA or CATB companies because of its reliability and security in terms of loan and credit card repayment.

  5. Savings Account Holders • Always remember that building a credit score from scratch does not happen overnight. Have some patience, develop the right strategy and check credit score online to keep a tab on your credit score progress.

  6. Clix Capital Services Pvt. Ltd. Address: 901b, 9th Floor, Two Horizon Centre, DLF Phase V Gurgaon, Haryana, India – 122002 Phone Number: 1800 200 9898 Website: https://www.clix.capital/check-credit-score/

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