Steps

  1. Pull your own credit reports and list every account that carries your name, noting whether you are the primary borrower, a joint borrower or an authorized user.
  2. Open one card in your name only, from your own bank or credit union if you have no history yet; a secured card works if a regular one is declined.
  3. Put one small recurring bill on it, such as a streaming service or a phone bill.
  4. Set an automatic payment for the full statement balance from an account you control.
  5. Keep the balance you carry at statement time well under a third of the limit.
  6. Leave the card open once it has a year or two of history, even if you rarely use it.
  7. Check your reports again in six months to confirm the account and its on-time payments appear.

Stop and call a professional if

Questions to ask the professional

Common mistakes

Teach this to someone

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Your checklist

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Quick quiz

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1. You are an authorized user on a partner's card. What does that do for your own credit?
2. Which habit builds the same history as carrying a balance, without the interest?
3. Your card has had a small bill on it for two years and you barely use it. What should you usually do?

Related skills

Sources

Written in our own words from the sources above. It is general information, not advice for your situation; where a professional, your doctor or your lease says something different, follow them.

Last reviewed . First published .