I thought I might apply for a credit card and then just buy small things and pay them back.. but are there any alternatives to a credit card?..
Suggestion:
Having a good credit score is all about showing lenders how responsible you are paying borrowed money back. This includes credit cards, student loans, car loans, lines of credit, and mortgages.
To get started, the easiest and surest way for approval is to apply for a secured credit card. Never charge more than 20% of the limit for a utilization ratio and pay on time with at least the minimum but preferably the entire amount. New laws that came into effect in February mandates that anyone below 21 years of age must either prove their ability to pay or have a co-signer.
The people with the best credit have several credit accounts of various kinds, typically two or three credit cards, car loans, student loans, and a mortgage, they have a low utilization ratio, and their accounts have aged with many years of on time payments.
Only apply for credit when you need it. Each hard inquiry made when you are looking for credit brings your score down, with points varying depending on the type of inquiry. And lenders don't like seeing people with a lot of inquiries, thinking that they are trying to get into debt.
Good luck on getting started.
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