How to Build Credit from Scratch!

The video tutorial explains the challenges of building credit, especially for those with no credit history. It discusses the importance of credit cards, payment history, and utilization in building a credit score. The tutorial also covers credit builder loans, becoming an authorized user, and managing inquiries and new accounts. It emphasizes the need for discipline and understanding of credit reporting to improve creditworthiness.

What factors do credit bureaus consider when calculating a credit score?

How can someone with no credit history start building their credit?

What are the potential risks of becoming an authorized user on someone else's credit account?