1. Credit scores are daunting! Totally okay to head scratch with no idea of how to start.
2. One simple step is outlined in this NerdWallet article:
https://www.nerdwallet.com/blog/credit-cards/secured-credit-cards-vs-unsecured-difference/
Specifically from the article, "A secured credit card is backed by a cash deposit you make when you open the account. The deposit is usually equal to your credit limit, so if you deposit $200, you’ll have a $200 limit... Once the initial deposit is paid, secured cards work just like unsecured ones:
- You can use them wherever credit cards are accepted, including online
- You can build or rebuild your credit by using the card responsibly and paying your balance on time
- You incur interest if you carry a balance"
Now, I'm not sure what the minimum balance you can place on a card, and I'm cognizant of money being tight (been there - seriously, nothing is forever beyond, well, that one thing!)... but if $50 is all you've got, and you can place it on a card, start there. It's a good way to begin slowly establishing a credit score.
Remember Rome, and a great credit score, weren't built overnight... but they were both ultimately built. You can do it!
