00:03as a new grad you might be leaving college with a diploma but there may be something lacking in
00:08your financial portfolio and that's credit we're not talking about that economics 101 course you
00:14had to take to meet your credit requirement but your actual credit in the real world if you've
00:18just graduated you might not have much to your name but there are some steps you can take to
00:23change that cnbc select points out that even if you don't have a credit card you'll likely have
00:27something on your report especially if you're paying student loans or even have a cell phone
00:32payment plan the outlet says to keep paying those on time because that's a big factor that can affect
00:37your credit score nerd wallet says you could also become an authorized user on someone else's credit
00:42card typically a family member's this step can be taken even before you graduate with cnbc select
00:48saying to make sure the person keeps up with their payments and that there's no annual fee for adding
00:52an authorized user the site says if you'd rather have your own plastic check out some of the major
00:57credit card suppliers as they may have secured cards which require a security deposit and typically
01:02don't need much credit history for you to qualify
Comments