Does writing checks help build your credit history?

Question

Does writing checks help build your credit history?

Answer 1

No.  The only thing that builds your credit history is borrowed money otherwise known as credit and since writing a check is from your own money it is not considered credit and is therefore not going to help you build credit

Answer 2

And now, the REAL answer...

It would depend.

Just writing a check itself doesn't help build your credit, but WHO you write them to does, to an extent.

Here are some examples.

If you write a check for:

1. Mortgage

2. Car loans

3. Credit card bills

4. Utility bills

5. Personal loans

Or ANY kinds of loans, or accounts, it can build credit because you're keeping a good payment history by doing so.  

Answer 3

No. The only thing that builds a credit score is borrowing money and making payments on time. The only way to keep a high score is to keep borrowing money and keep making payments on time. It will bring you nothing but debt.

You don't need a credit score to make it in todays world.

Debt free is the way to live.

Answer 4

The only thing that builds your credit score is to borrow money and make timely payments.  Most credit card companies, banks and credit unions report to the 3 credit bureaus. You are not borrowing money when you write check.