My boyfriend has no credit history.. How can we start him off right?

My grandparents got a credit card in mine and their names when i started college and I built credit by putting emergency expenses on that and before I needed to actually use credit for anything I already had 15 months credit history! My boyfriend has none and we are applying for a new, nicer apartment this summer but he has to have credit history! Can anyone point us in the right direction? Something that's not gonna cost! Like a credit card with no fee or something! Thanks!

Public Comments

1. I know when I took out my first loan at the age of 18, I thought I had no credit. I had recently signed up for a 150 dollar "credit card" you could say at a Maurices for the hell of it. The loan person told me I acutally had good credit just for having the card. Never made a charge on it. Taking out a small loan, paying a cell phone bill, or any bills can assist in making your credit look good. Then again, can make your credit look like crap if your not responsible.
2. you could get a personal loan and pay it off in a few months that way you could buid good credit or you could get a credit card use it for everyday purchases and make the full payment at the end of the month that way you do not pay interest and build credit. Check out www.fastcreditcardapprovals.com here you will be able to compare all major credit cards side by side on rates, fees and reward, no matter what kind of credit you have they have the right card for you
3. I would get maybe 2 secured credit cards. With maybe 200-500 in each of them. He will have to use them or they wont report. Keep a running balance on both of the cards. But no more then 25 %. A secured credit card is where he gives the bank 200 dollars and they put that in a savings account. Then give him a credit card for 200 dollars. Now remember its a bill. If he has 40 dollars on his credit card and his minimum payment is 10 bucks. He has to pay it. They wont take it out of the 200. It will show up at a late. Most secured credit cards dont show if its secured or not, the credit bureaus dont know. Once he has a credit card. He can go to Macy's. They will give anybody a credit card for macys if they already have one. So in less then a month he has 3 lines. Just keep them below 25%. Good Luck
4. get a bad credit card, or retail card thats easy to get and build it up from there. go to www.google.com and type in bad credit or no credit credit cards
5. apply for dept store credit cards (most dont charge a fee) buy something on it and make regular payments. If you pay it off right away that doesnt establish a credit history what they are looking for is that you can make regular scheduled payments