Hi Ms. Jones, I'm trying to take out a loan however I do not have any credit to do so how do I get credit?
Thank you for coming to see me. First we need to sign you up for a credit card this will allow you to make purchases, and requiring that you pay back the loan amount in the future.
Great! So how do I manage the card to make sure I do not have any fees?
When you get the card, you will have a minimum to keep on the card at all times to ensure you pay your credit bill on time. However since you are just getting it, you should wait to build your credit before you take out a loan
Thank you so much, I understand. I wouldn't want to have to owe so much money.