How to Build Credit History When You Have Insufficient Credit History

Moving to the US after living my entire life overseas presented certain unexpected challenges.

One of them was credit issues – I had specifically opened a credit card over a year earlier to start building credit, and my credit score was actually excellent.

However, when I actually landed and started applying for credit, I kept getting rejected on the grounds of “insufficient credit history”. Basically, one credit card is not enough, nor is one year really enough. Banks want to see lots of lines of credit running for a long time.

So I became kind of an expert on working to build my credit, while getting screwed over with bad interest rates along the way. In this post, I hope to transfer some of this experience on to you to help you avoid some of the mistakes and heartache I experienced along the way.

Continue reading “How to Build Credit History When You Have Insufficient Credit History”