27/04/2025
How to build your credit worthiness?
1. Apply for a credit card even with minimal credit limit.
Kung di ka na-approve before, mag-try ka sa mga bank na may required savings like BPI and RCBC. Open a savings account.
Use your card sa mga transactions na supposedly cash gagamitin mo. Keep all the cash you have then pay it in full 2 days before your due.
Register mo yun mga monthly bills mo sa meralco or telco sa auto pay ng card mo.
After 6 months of use, apply for a new card from other banks, this time, walang ng required deposit.
2. Avail a small personal loan FROM reputable lending institution.
You may start with Maya, Tonik, Gcash. Do not apply for a loan sa mga online loan shark. AWLAYS pay it on time.
3. Make a concious effort na magkaron ng good transaction with any group na reporting sa Credit Information Corp.
Entities like banks, financing companies, cooperative submit and access information from CIC. Kung magandang handling sa isang member neto, makikita din ng ibang members yun performance mo.
