No Credit

What does it mean to have NO CREDIT? And, how do you establish credit? If you have no credit, it means essentially that you’ve never had a credit card, never had a home loan, never had an automobile financed…you literally have no credit history. Typically, those who are just starting out, in college, or just entering the work world, are the ones with no credit history. And, when you have no credit, it can seem almost impossible to find someone to give you the credit you need.

Truthfully, however, it’s a lot easier to establish credit than it is to recover from bad credit, and extreme care should be taken to see that the credit that you establish is good credit, and that it stays that way! Of course, the easiest way to get credit is to get your first credit card, use it responsibly, and make your payments on time, every time. And, there are credit card companies that will work with you.

Here are the best credit card companies for those of you who are trying to establish credit: