Build credit from scratch

If you have little or no credit history, first check what is already on your reports. Then weigh the ways a payment history might be reported, understand the costs and risks, and build a routine you can afford.

You may not need a new product at all. No product guarantees a score increase, and an unaffordable payment can make things worse. Source: CFPB: Ways to start or rebuild credit.

The three parts

1. Part 1Understand what builds creditWhich accounts can add to your credit history?
2. Part 2Choose a credit-building routeWhich way to build credit fits your situation?
3. Part 3Use your first account for 90 daysWhat should you do after the account opens?