How can I build credit if I have no credit history?

If you're looking to build your credit score, but don't have a credit history, there are several steps you can take to get started. Here are some tips:

• Apply for a secured credit card: This type of credit card requires a deposit, which becomes your credit limit. Use it responsibly and make on-time payments to start building credit.
• Become an authorized user: If someone you trust has a credit card, you can ask to be added as an authorized user. Their credit history can help build your credit, but be sure they make on-time payments and keep their balance low.
• Get a co-signer: If you can't qualify for credit on your own, you may be able to get approved with a co-signer who has good credit. Keep in mind that if you don't make payments, the co-signer is responsible for the debt.
• Take out a credit-builder loan: These loans are designed to help people build credit. The money you borrow is held in a savings account until the loan is paid off. This can help you establish a credit history and improve your credit score.