Archive · 11 Aug 2025
4 Ways to Start Building Your Credit Score
If you're new to having credit, it can be hard to get a credit card or loan.
This article explains how to start building your credit.
You can try getting a credit card from your bank, especially if you get your salary there.
If that doesn't work, a secured credit card is an option, which requires a deposit.
Buying things with an EMI plan and paying on time also helps, as does using "Buy Now Pay Later" options from some stores.
The main idea is to make payments regularly to build your credit score.
New-to-credit individuals can build credit scores by using credit cards based on their salary accounts.
Secured credit cards, backed by fixed deposits, can help establish a credit history.
EMI plans for electronics and consumer durables offer another path to credit score building.
Buy Now Pay Later (BNPL) facilities from e-commerce platforms can also aid in credit score development.
Timely payments on credit instruments are key to building a good credit score.
- Who
- New-to-credit individuals.
- What
- Ways for new-to-credit individuals to build credit scores.
- When
- Not specified
- Where
- Not specified
- Why
- To gain access to credit instruments and establish a credit history.
- Credit Cards based on Salary
- Offered by some banks based on salary account
- Secured Credit Cards
- Backed by a fixed deposit
- EMI Plans
- Available for electronics and consumer durables
- Buy Now Pay Later (BNPL)
- Offered by e-commerce platforms
- Repayment Timeline
- Typically 6-12 months to build a decent credit score