Steps to establish credit
Want to get started building credit? Here are good steps to take. Click each step to learn more.
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To establish credit
Bank accounts
Open your own bank accounts and manage them well.
Don't over spend
Never spend more than you have in your bank accounts.
Gas/store credit card
Get a gas/store credit card; always pay your bills on time.
Small loan
Take out a small loan; repay it monthly in full and on time.
Secured credit card
Get a secured credit card linked to a savings account. See Credit Cards to learn more.
Click the Next button to discover how lenders decide whether or not to loan you money.
Here’s another good way to establish credit: put your apartment lease and utility bills in your name and always pay your rent and bills on time.