If you don't have credit, you **can't** have a score, since they are solely based on your use of your credit.
The bureaus return a report saying "no credit information on file".
That totally depends on what your credit score is to start with.
Yes off course. Paying off any debts will increase your credit score.
If you have n't a sufficient credit score, you don't pay off your credit history. It is impossible.
Your credit score was initially affected in a negative way when your loans stated the very first delinquent history. It is always a good idea to pay off your debts. Your credit score will start to increase after the initial payment, but time and consistency will do this trick.
To get credit to build a credit score, you must take a loan out on something such as a car or a house and then make payments. The more you are on time, the better your score will be.
After 7 years, you can start rebuilding your credit.
Yes, it would help your credit score.
first it depends what kind of charge off it is. and your credit score is all up to which credit company your checking your credit on .. there is no real answer to that question.
google : "establish credit" Or use a credit restore company - they can help as well and get you off on a great score ;) Wayne
Negatively!
The quickest way to improve credit score is to pay off any outstanding debts. If you have little on your credit, then you can get a credit card and start working on good credit. Always make your payments on time. Just be careful to avoid late payments and getting ahead of yourself.
You can take steps to improve your credit score. The number of variables that play into an individual score. Tips on how to raise your credit score and manage credit responsibly, including paying bills on time, paying off debt, and managing credit history.