It is possible to check your credit score without having a credit history or credit accounts. A credit score is a numerical representation of an individual’s creditworthiness, based on their credit history. A credit history is a record of an individual’s credit accounts, loans, and credit card usage.
If you do not have a credit history or credit accounts, you may not have a credit score. However, you can still take steps to build a credit history and establish a credit score. Here are a few tips to help you get started:
- Get a credit card: One of the easiest ways to establish a credit history is by getting a credit card. You can start by applying for a secured credit card, which requires a deposit that serves as collateral for the credit card. As you use the credit card and make timely payments, you will build a credit history and credit score.
- Use a credit builder loan: A credit builder loan is a type of loan specifically designed for people who have no credit history or a poor credit score. It is a small loan that is paid back over a set period of time, with the goal of helping the borrower build a credit history and improve their credit score.
- Get a co-signer: If you are unable to get a credit card or credit builder loan on your own, you can try getting a co-signer. A co-signer is someone who agrees to take on the responsibility of repaying the loan if the borrower is unable to do so. By having a co-signer, you may be able to get a loan or credit card and start building a credit history.
- Use a credit-reporting service: Another option is to use a credit-reporting service, such as Credit Karma or Credit Sesame. These services offer free access to your credit score and credit reports, as well as tools and resources to help you improve your credit.
In summary, it is possible to check your credit score without having a credit history or credit accounts. If you do not have a credit history or credit score, you can take steps to build a credit history and establish a credit score by getting a credit card, using a credit builder loan, getting a co-signer, or using a credit-reporting service.