No Credit Check Business Loan
I know this has been discussed here before, but does anyone have any
ideas for credit cards or anything thatll extend credit, if even a small
amount to someone who currently has none? Neither my husband or I have
had a credit card in this country... we both have a bank account/debit
card, but thats all... Considering we want to buy a house in a few
years, we need credit!
Life doesnt always go as you plan it. Maybe you dont plan on needing to
rely on your credit rating any time soon, but u might be surprised at
what life can throw at you when u least expect it. You cant even rent
an apartment without a credit check.
Also some people use credit cards or lines of credit to be able to use
someone elses money for a certain amount of time without interest. Or
so that you dont have to tap into your car savings to buy something that
you know u can pay off next month.
Or lets say that you want to start your own business and your personal
credit rating needs to be good to get a business loan or open business
accounts. Or lets say you want to co-sign for someone so that they can
get a loan.
Also, there is a bit of a stigma that goes along with no credit. Bad
credit = bad, no credit = neutral on the slightly negative side, good
credit = good. It's the American way