smart: What's a smart way for me to start collecting credit besides getting credit cards?What is a good/smart way for a 19yr to start coleting credit?Go to the bank or credit union you do business Open a savings account and save until you have $1000, tell them you want a loan against the account. Set the loan up to be repaid in 12 months. Put the money that they give you into your checking account and use it to repay the loan. Make your payments on time every month and at the end of the 12 months you will be off to a good start on building a solid credit rating. Credit cards are not evil if used correctly. You will need both installment and revolving lines of credit to build a good credit rating. If you have never had credit you will not be approved for an unsecured card. See if your bank or credit union has a secured credit card, if they do open an account with $300-$500. Use the card each month for small purchases like gas or groceries and pay it off in full each month. Never charge more to a credit card than you have the money to pay off in full each month and you will be ok using credit cards. After a year convert the secured card or apply for a unsecured card.What is a good/smart way for a 19yr to start coleting credit?By using credit cards, you can get top 800 scores without ever paying a penny interest. You do this by paying in full each month. Just about any other method of developing credit will cost you money. Remember that carrying balances on credit cards will cost you. A bad credit score, bad jobs, and will make you poor by paying interest. /What is a good/smart way for a 19yr to start coleting credit?Try looking into a student credit card. Try a site called findcollegecards. They should be able to help you find the card that you need. As long as you're going to college, you shouldn't have a hard time being approved.|||Buy a used car, get a cosigner for lower interest rate. Have insurance in your name and make all payments on time.