4 Ways to Build a Credit History

For those of you that are just graduating and don't have a credit history here are some simple steps that you can take to help you to start building your credit.  But rember credit is not necessary, but are one of the Myth's that has been stated so much that it is believed to be true.

1.  If you are renting an apartment make sure that the landlord is reporting to the credit bureaus.

2. Secured Card-is just like a credit card only you put in a certain amount of money into the account . But the same rules apply do not use more than 20-25 % of your credit utilization.

3. Authorize user-you can use the card, but you are not responsbile for the debt.

4.  Joint-Account holder-you share the responsibility of the debt.

These are four simple-steps to help you in starting your credit history.

"It doesn't matter who you are, where you come from.  The ability to triumph begins with you.  Always." Oprah Winfrey