How to build credit history?
There are many options to borrow money, nevertheless, sometimes it is difficult to get the bank’s credit approval.
To establish your credit history
Apply for credit according to your needs; do not borrow more than you need.
If you have no credit history, there are two options:
Secure the loan requested with a savings account, certificate of deposit or a residence.
Select a person with an established credit history as a co-signer.
Start building credit
Subject to credit approval. Certain restrictions apply.