Ways to build credit

Building credit and maintaining a good credit history are key steps towards building your financial future. At first, credit may seem frustrating — you can't get credit because you’ve never had credit. But there are actions you can take to start establishing a strong credit history.

How to calculate your credit score

Your credit score is one of the most important measures of your creditworthiness, and it’s based on metrics developed by Fair Isaac Corporation (FICO®). The higher your score is, the less risky you are to lenders.

Maintain your good credit

Once you get credit — such as a home loan or a credit card — the most important thing is to keep control of it, so you can achieve your financial goals without getting too far into debt.