What credit is appropriate to open your credit history?

credit loan

The only way to build a credit history is by accessing some financial products. In this way, the credit bureaus will be able to record how good or bad the payer is, and that data will serve as indicators for when you want to purchase a new product.

Financial products that you acquire

Financial products that you acquire

Other indicators are also recorded, such as seniority in employment, your monthly income, among others, but what you will show directly if you are fulfilling your obligations or not, will be the financial products that you acquire. So, if you have never had any relationship with a bank, how can you start your record in a proper way and not harm it?

Paying the corresponding fees

credit loan

You should keep in mind that the product you choose should not be of very high value, so you will not have problems paying the corresponding fees. In addition, many say that a good option is the store credit cards, which are basic and do not offer much balance, or very complicated conditions. However, it is not the only alternative.

Free investment loans

credit loan

Are also presented as an attractive option when acquiring a financial product for the first time, since not so many requirements are necessary to access one. However, not all banks offer the same conditions, so it is important to compare the options before opting for one.

Choose the product you choose, do not forget that it is essential to keep up to date with payments that arise month by month.