• criticon@lemmy.ca
    link
    fedilink
    arrow-up
    11
    ·
    1 year ago

    I arrived to the US less than 5 years ago and I have top credit score. I never carry a balance, open credit cards that offer a lot of credit, benefits and bonus to increase my available credit (I have about 6 or 7 cards at the moment) and just wait. In less than a year I already had 740 which was enough to get a car loan with 1.9% apr (lowest offered was 1.85%)

    • edric@lemm.ee
      link
      fedilink
      arrow-up
      5
      ·
      edit-2
      1 year ago

      I’m the same as you, and I think we kinda had an advantage because we started with a blank slate. No student loans (if you arrived as a working adult), no prior debts, and hitting the ground running (if you arrived with a job waiting for you).