Start With Your Bank

There are a couple of things you can do that can be helpful in your journey for establishing credit. The very first thing you should do is open and maintain a checking and possibly even a savings account at your local bank. This is helpful in two ways:

• When you have a active banking account in good standing. You are proving that you can manage money. While bank accounts aren’t always a part of your credit score. Lenders can use this information to determine whether you are a credit risk to them or not.
  
  
• Establishing a relationship with a bank will increase your chances in getting approved for a loan or credit card. If you already do business with a bank, then they should be the first place to look. They know you and they value your business. This existing relationship could carry some weight when seeking credit.