 TITLE: How to Qualify for a Loan When You’re New to Credit CONTENT: Loan Options for Those New to Credit\n------------------------------------\nIt's possible to qualify for a wide variety of loans if you're new to credit even without taking the time to establish your credit history. In general, though, you'll typically need a cosigner—a loved one with a solid credit history—to apply with you.\nCosigners agree to make payments on the loan if you can't, so they reduce the risk you pose to the lender as someone with no credit experience. That reduced risk improves your chances of getting approved and could open the door to a favorable interest rate to boot.\nIf you don't have a cosigner, however, here are your best options. END