How to properly do Revolving Credit

If you are living paycheck to paycheck getting a credit card is not the worst thing possible, especially if you have a landlord who accepts Credit Cards, usually applying for the Reward bonuses will actually make you money back.

Example

Apartment $500 Per Mo. x 12 mos = 6,000 = 60 dollars in cash rewards back (For most rewards it's at least 1% cash back, some may be higher.) To sign up for reward bonuses is usually only 19.95 so you end up doing better than what you started with regardless.

Setting your rent up on revolving credit, your cable bill, your phone bill, your other bills to do this will help you to build revolving credit, which will slowly but surely raise your credit score every month. Just remember to pay off the balances as soon as possible in order to avoid finance charges.

Need to Raise your Credit Score Fast?

A Simple Tip to raise your credit score quickly is have at least 2 different types of credit cards, many people tend to have only a visa, or a master card, or a discover card, and don't apply for more.

Try to have a Visa and a Mastercard, one through your bank usually and one through another source like maybe capital one, or your local credit union. This simple trick will raise your Credit score in the same month by 1-30 points(Seriously by 30 points.)

Do not be afraid to get credit cards, just use them for actual needs, such as if you need to pay your rent, or your kids are going to die, they aren't for buying things you want like big screen tv's and fancy vehicles!

Love you though, seriously be prudent.