© Copyright How To Get A Good To Excellent Credit Score To Qualify For Bank Loans
GET A SECURED CREDIT CARD TO BUILD CREDIT
You have to have credit to build credit — which can be hard if your income is low or you're unemployed and lenders aren't willing to take a chance on you. If you're in this situation, you should get a secured card to build your credit.
Banks and credit unions offer secured credit cards, which act like traditional credit cards but require a deposit that acts as your line of credit
If you have a limited income, then a secured card is a very good option.
If you can save for a deposit for a few months and then open the card, in as little as nine months, you can establish a credit score or add enough positive information to increase your score