Best Answer: Enroll with PRBC- PRBC is America's Alternative Credit Bureau, providing a helpful service to the over 50 million people with limited or no credit history. If you pay your monthly bills on time, PRBC can help you build credit to qualify for a mortgage and better interest rates.On-time payments for the following bills are not reported to the traditional credit bureaus:
Well "credit" is the only way to build credit. The only other form of credit to have is some sort of loan or store credit or some sort.
If you don't think you can qualify for a regular credit card try saving up some money for what's called a "secured credit card". They are available through your bank.
How it works:
The money you put down for the card becomes your credit limit. (small amount compared to normal credit card, it's usually about $250)
Pay the balance off on time and your credit will slowly be rebuilt because it's still treated on your credit report as a normal credit card.
It may take a little while but it's an easy way to help re-build.
Remember to make sure you use it though! Creditors like to see that you have a revolving account that is paid on time and well under the limit.
Also, make sure you pay things such as your utilities and rent on time. People look at your ability to pay on time on those specific items as well and may help your ability to get a loan.