Question 1: Does a "second or third chance" loan for a car significantly damage one's credit history, even with exemplary payments? Question 2: This question arises because I'm being refused credit due to a few points out of 600 (Equifax credit score) and a shaky (four-year-old) credit history with setbacks, and I've been paying everything in cash for the past year and a half. How can I rebuild my credit if I can't prove I'm very responsible with my finances? A vicious cycle, isn't it?
Hello,
Please take the time to carefully read the "Rebuild Your Credit" section of our website.
Please take the time to carefully read the "Rebuild Your Credit" section of our website.
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