Aug 03, 2011 07:37 PM IST | Source:

Here's why you should build your credit history

Taking a credit card against a fixed deposits or a gold loan will help you to create a credit history over a period of one year. Once you have build a payment track record, then you can get a credit card which is unsecured or any other loan easily.

By Abhishek Kumar Singh, ApnaPaisa

If I am first time applicant as I have just joined the work force, how can I have a history? Questioned my colleague Shweta.

So which history she was referring to?  I just shook of my head and quipped

Follow us on
Available On