How to Build Credit Without a Credit Card [Boost Your Credit]
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A secured credit card is a type of credit card that requires you to put down an upfront cash deposit, usually equaling the amount of your credit limit.
Secured Credit Card
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A credit builder loan functions as a tool for people who have low or no credit history. They can use them to begin building up their credit scores by establishing a credit history.
Credit Builder Loan
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The credit card company holds the person who signed up to be the primary account holder responsible for paying charges on their account.
Authorized User Status
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By paying rent, utility bills, and rent, you also demonstrate your ability to manage other liabilities. Taken together, these added items can create a good credit score worth using when applying for a loan or credit card from a bank or credit union.
Alternate Payment History Appearing in Your Credit Report
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Having a co-signer credit card works similar to carrying a joint brokerage account or bank account—you both have access to the funds.
Co-Signers on Credit Products
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