4 Ways to Safely Build Credit When You Have None

Published by
The Street

By TheStreet Staff If you don’t have a credit history, you might have a low or non-existent FICO credit score (the three-digit number that financial institutions use to determine an individual’s creditworthiness). Unfortunately, a good credit score is necessary for a lot of common situations—trying to secure a car loan, get a credit card, or pass a rental application for an apartment, to name a few. Attempting to build a good credit score from scratch is sort of like trying to get a job without experience. It’s a catch-22; in order to build credit, you need to borrow money, and in most cases, …

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