when you have no credit history
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Posted In: Credit & Loans
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![Nadia Smith]()
something i have never been able to understand is that if you have no credit history then you are viewed almost as high a risk as someone who has a bad credit history. I don’t think this is fair.
what do you think?
![Financial Advisor]()
It may not seem fair, but to the lender you are an unknown commodity. You may have paid every one of your bills on time, but if you’ve never had a conventional loan or utilized a credit card they don’t have any payment history to make a conclusion about your credit risk.
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