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.
What is credit? Credit risks vs. benefits Good credit vs. bad Steps to establish credit The “five Cs” of credit