How does a young person establish a good credit history?
A young person, let's say, from age 18 through 21 or more, has NO credit, which is usually interpreted by many companies, such as phone carriers, as BAD credit. How does a young person with absolutely no credit history whatsoever begin to establish a good credit history? Do they start using a credit card? Do they start making payments on a car loan? A house (which is ridiculous)?
Normally, how do people begin to develop their good credit history? By doing what exactly? How did you start to establish your credit? What are the best methods for initiating this long process?
Thanx!