06/28/2025
Establishing credit is a conversation lenders often have, especially when it comes to the best route for someone to build and improve their credit score. There are many paths you can take, but below are a few resources and strategies that have consistently worked well for clients just getting started or looking to raise their scores quickly:
Utilities reported to credit: In my experience, having utilities added to credit reports doesn’t have much of an impact overall.
Becoming an authorized user: This can be very beneficial—if the account is well-managed. Look for:
A low balance
A strong payment history
An account that is not maxed out
⚠️ High balances on the account can have the reverse effect and lower your score.
Report your rental housing history: https://www.boompay.app If payments can be verified through your account, it will reflect as an installment loan and has the potential to earn you up to 24-months of credit history.
Attempt Experian Boost. www.experianboost.com This is free, totally worth the 5 minutes it takes. It will help reflect positive lines of credit for monthly expenses you are already paying. Example : Netflix, Hulu, Amazon Prime, AT&T, DirecTV, T-Mobile, etc.
Here is the link to the Credit Builder credit card - https://www.creditbuildercard.com/. You only need $200 to open the card it it will report to all 3 credit bureaus. This process normally takes a few weeks, where other cards may take a couple of months.
Stay on top of your credit with daily alerts when key changes occur, detect possible identity fraud sooner, and get notified when your score changes.