You may not have a credit history if:

• You’re a young adult.
• You’re a recent immigrant.
• You’ve never had a bank account, credit card, or bills in your name.

This is generally better than having a bad credit record. However, having no credit history can also keep you from getting the best rates on things like auto insurance.

Here is a simple step you can take to start building a positive credit record.

• Build a Positive Credit Record