05 Sep
2010

There are lots of reasons you may not have an established credit history. If you do not have a bank account, traditional job, or debts, you may not have a very established history. If you are under 21 years old and still live at home, you likely have no established credit. If you have not lived on your own and your bills have always been in someone else’s name, you may not have established your credit history.

To determine whether you have a credit history, order and read your credit report from a credit bureau. As well, order your credit score (which is not usually included with your credit report). If you see lots of blank spaces, a low credit score, or the credit bureaus are not able to generate a report, you need to do some work.

The easiest way to get a credit history is to take on some financial responsibilities. Sign a lease for an apartment or even get some utility bills in your name. Once you start paying your bills on time, within a few months you will have established some credit history and will be ready to take on more responsibilities.