For many consumers, having no credit history can be as bad as having bad credit. If you have no credit history you may be in the limbo of credit, potential creditors to reject a claim because they have no way of knowing the level of credit risk.Fortunately, if you are caught between a sword and the wall “with respect to its credit, there are many things you can do to build a solid credit history. Many of these are similar to what we could do if you have bad credit.

If you have lived in the same house for at least a year and had a job for the same period of time, you may qualify for small lines of credit with department stores and other businesses within their local community. Make sure these businesses report your account information with the three national credit bureaus will be wasting their time with their cards to build your credit.

Interest rates on store cards can be a lot bigger than a normal credit card, so be sure to keep only a small balance in any of these cards you may have. It is often a good idea to avoid paying the full balance so you can build a payment history of your credit report in the making. Provided they do not max out your cards and make your required minimum monthly payment will be fine.

Another way to build credit is to get a small loan from a local credit union, the bank where you are a member. If you can avoid it, do not use the loan proceeds, except to pay the debt. You must pay a small fee interest, but often is a small price to pay for the construction of your credit. Once you have established a credit history and creditors can see not having trouble paying your debt you may start receiving offers from major credit card companies. You could start to receive any mail from Discover, Visa, MasterCard and American Express even.

Be careful about applying too many credit lines. Most lenders check your credit history when you apply for credit, and each question is indicated in your credit report at least six months. Too many inquiries are a red flag to creditors who may be financially unstable. Your best bet would be to apply for no more than a line of credit every six months.

If you are still denied the claim after the application with the local companies can not get a loan that can not meet the minimum wage some creditors may use to measure your ability to repay their debts. If this happens, you may be approved for credit if you can find a friend or relative with good credit to co-sign a credit on their behalf. This could be a risky proposition for the co-signer, however, as we will be stuck with the bill if you can not make their payments.

If you are a woman who is divorced or widowed and had all your credit accounts under the name of your spouse, you may find yourself without any real credit to call your own. This can be fixed easily. The Equal Credit Opportunity Act makes the creditors may require the list of the names of both attached to a credit account if you shared a joint account on behalf of her husband.