Question:

Do Debit Mastercards help build credit history?

by  |  earlier

0 LIKES UnLike

i just want to know if debit mastercards helps build credit history just like a credit card? can you also just make a comparison between the two and which is better in your opinion.. Thanks!

 Tags:

   Report

3 ANSWERS


  1. No they dont help you build your credit history.

    For further help I suggest you read through this page.

    Lenders use FICO Score more than anything else.

    http://www.myfico.com/CreditEducation/


  2. ~~No this is strictly a convenience for you from your bank set up so you can make purchases as charges. It does not in any way reflect on our credit report.~~

  3. No they don't. Ask your back for a secured credit card instead. It works like a debt card and will help build credit history. Here is more information. http://www.badcreditfixup.com/how-to-est...

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.