Quote:
Originally Posted by ayau
actually the best way to build one's credit is with an entry level credit card and paying it off each month.
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No.. just no. A entry level credit card will build up your credit score but be almost entirely ineffective. When you go for a mortgage the lender will look for installment credit history. This include auto loans, student loans, previous mortgages, and other personal loans. We really don't give a crap about credit cards.
-I work for a commercial real estate lender