Starting with no credit history can be daunting, but it’s not impossible to secure a credit card. Individuals without a credit score face unique challenges, as lenders have no prior information to assess their creditworthiness. Unlike those with poor credit, who may have a history of mismanagement, those with no credit are simply starting fresh. To build credit, obtaining a credit card is essential. Options include secured credit cards, which require a security deposit that typically matches your credit limit, and starter cards that may have lower limits but no deposit. Additionally, becoming an authorized user on a responsible person's account can help build credit without needing your own card. Store credit cards are another option, though they often come with limited use and higher interest rates. With responsible use of any of these cards, you can establish a solid credit history and eventually gain access to better credit products in the future.
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