This episode offer comprehensive guidance on establishing and improving credit for individuals with limited or no credit history. They focus on accessible financial products like secured credit cards, which require a refundable deposit and can often "graduate" to unsecured cards with responsible use, and credit-builder loans, where payments are made before the borrower receives the funds, primarily benefiting those without existing debt. The texts also detail other credit-building strategies such as using student or retail credit cards, becoming an authorized user on a trusted account, and leveraging services like Experian Boost to report utility and phone payments, though the effectiveness of these score-boosting services is debated. Across all sources, the overarching advice emphasizes the importance of timely payments, maintaining a low credit utilization ratio (ideally under 30%), and regularly checking one's free credit report for accuracy to build a strong credit profile.

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