Building Credit from Scratch: Strategies for Starting with a Blank Slate

Begin your credit journey with a secured card, using a deposit as your credit limit to build a positive financial reputation responsibly

Opt for a credit builder loan to establish credit gradually by borrowing a small amount and making on-time payments, showcasing reliability to lenders

Leverage the positive credit history of a friend or family member by becoming an authorised user on their credit card

Create a realistic budget to ensure timely payments, a critical factor in building and maintaining a good credit score

Keep a close eye on your credit by regularly checking your credit report for accuracy

Set up alerts for any suspicious activity, to catch and resolve issues at the earliest

Cultivate hygienic financial habits as they play a crucial role in establishing a sturdy credit footing