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As frustrating as it can be for a young person, there are a handful of approaches to get some credit history, to at least give you a... If you are like me, a teenager or young adult, just finding began in the big wide world, acquiring credit can be tough. Most creditors want to see a solid credit history before they give you a loan. They appear to be as clueless as I am as to how to get a credit history. Immediately after all, how do you get a credit history when you have to have 1 to get credit? Duh! As frustrating as it can be for a young individual, there are a handful of techniques to get some credit background, to at least give you a small some thing to show the bank. Co-signer The easiest way to get began with credit is to get a parent, grandparent, etc. to co-sign a loan for you, normally a vehicle loan. Even so, for some of us, that is not an choice for one particular reason or an additional. One more solution you can contemplate is a co-signed credit card. Just be confident that you pay your bills on time, or you will just get oneself a bad credit history and be in worse shape than when you began! Secured Credit Card You can also get a secured credit card. You would make a deposit of possibly $500 to the issuing bank. They would then concern you a credit card with a $500 limit. That protects them, and will give you a credit background. A word of warning the top bank that concerns secured credit cards has a really undesirable record with the Greater Organization Bureau, so check out the bank initial! Secured Loan You can also get a modest secured loan. You deposit $1,000 with the bank as collateral, and they loan you $1,000. This is actually pointless, except it does give you a credit background. Lastly, when you get some credit history, maintain in mind that you might be able to get a fuel card or department retailer card just before you can get a credit card. Check and see if the fuel / dept retailer card will report to the credit agencies and assist boost your credit background. One final tip if you happen to be acquiring a car and want a vehicle loan, a very good salesman will aid you get a loan. That is really how I got mine along with a huge down payment and a co-signature. go here