What if I told you that you could build up your credit score by investing about 30 minutes of your time each year?
It may sound too easy, but you don't need a wallet full of credit cards or a history of paying on five different loans to get the best credit scores. You certainly don't need to pay for a credit building service, either. Just one account, managed well, puts you on the fast track to building credit.
Your credit score is based on a number of factors, some of which you can control, and some of which you can't. Your effort is best spent focusing on the things you can control, as well as the things that make a real difference to your score.
Source: Fool.com