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Establishing good credit is very important to a good financial balance in life. If you have no credit, average credit, or even down right ugly credit, there are a few steps you can take to have that credit score looking presentable.

1. Sign up for a secure credit card -The amount will vary from $250 – $500, but always keep a small balance on the card at all times. Making your payments on time will increase your FICA score and ultimately help your credit.

2. Get a cell phone plan– Getting a cell phone with a service agreement gives you another means of credit building. By making your payments regularly, you can build your credit and also keep in touch with family and friends. The key is to make your payments on time.

3. Open a checking account – This is the first thing most lenders want to see proof of.  Make sure you keep a good amount of money in it and never, ever bounce checks.

4. Keep a savings account – Keeping a savings account is very important for a number of reasons. If you have enough money in your savings account you can easily obtain a loan without using your credit score. Loans are another way to develop credit as long has you make the timely payments.