How to build credit fast and also increase credit limit?

I just purchased something today and I was thinking if i paid it off in the first month i get the bill then how's my credit score is going to be and how long does it take to increase credit limit?


I am rebuilding credit and I need suggestions on how to build credit fast and also increase credit limit on my credit card.





Thanks for help :) I appreciated|||Building a credit score takes a little time.


You must pay the minimum amount OR the full amount by the due date. Putting a cheque in the mail for your payment on the due date will not get it to the source in time. Doing this for a period of months will begin to build a credit score. When the issuer of your card determines that you are a good risk THEY will decide when to increase your limit.|||It takes time to build good credit. In fact, you will have to use that brand new credit card for 6 months before it even begins to count in your FICO score. It will be at least a year before you will even be considered for an increase in your limit.





The smart way to use that new credit card is to charge regular purchase, wait for the statement, and pay the balance in full by the statement due date every month. This will build your good payment history and avoid interest. You will need at least 24 months of consistent, on time payment history to see a decent score. Even then, you will have a limited history and won't qualify for some loans.