do you have an employment history? that's good. at one time each of us that now has credit cards had none. apply for one that has the lowest fees/ interest rate. and doesn't charge you any interest if paid off in full each month. And do pay it off in full each month. you may get a card with a low credit line, but most will increase it in time as you timely pay off the debt. keep the outstanding balance at less than 30% of the line.
What goes into FICO® Scores?
FICO® Scores are calculated from the credit data in your credit report. This data is grouped into five categories; the chart below shows the relative importance of each category.
1.
35% - Payment history:
Whether you've paid past credit accounts on time
2.
30% - Amounts owed:
The amount of credit and loans you are using
3.
15% - Length of credit history:
How long you've had credit
4.
10% - New credit:
Frequency of credit inquires and new account openings
5.
10% - Credit mix:
The mix of your credit, retail accounts, installment loans, finance company accounts and mortgage loans
