DEAR ABBY: I'm a 21-year-old college student. My problem is, I have no credit. My family was always adamant about my not getting a credit card because they were afraid I'd go overboard. However, I'm always careful with my money.
My worry now is that I won't be able to buy a home in the future because I won't be able to get a loan due to lack of credit. How does a person go about getting credit? -- CREDITLESS IN THE USA
DEAR CREDITLESS: Do you have a bank account? If so, contact your bank and inquire about applying for a credit card. In the beginning, your credit limit will be low. However, as you pay your bills on time, your credit limit will rise. This is how a person establishes credit.
If you have full-time employment, do not default on your bills and deposit money into your savings account on a regular basis, in time I am sure your bank will be willing to help you finance a home.