Five ways you can establish credit

in #money8 years ago (edited)

 Building credit can be tricky. If you don’t have a credit history, it’s hard to get a loan, a credit card or even an apartment.But how are you supposed to show a history of responsible repayment if no one will give you credit in the first place? 

         Five ways you can establish credit


 1. APPLY FOR A SECURED CREDIT CARD

 2. APPLY FOR A CREDIT-BUILDER LOAN

 3. GET A CO-SIGNER

 4. BECOME AN AUTHORIZED USER ON SOMEONE ELSE’S CREDIT CARD

5. GET CREDIT FOR THE RENT YOU PAY

Full article here: https://www.nerdwallet.com/blog/finance/how-to-build-credit/

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