 TITLE: How Do I Build Credit if I Don’t Want a Lot of Credit Cards? CONTENT: 1\\. Look Into a Credit-Builder Loan\n-----------------------------------\nA credit-builder loan can help you build or rebuild your credit without using a credit card.\nThis kind of loan doesn't work like a regular loan, it works more like a savings account. When you take out a credit-builder loan, the amount you \"borrow\" is put into an account you can't access. Your monthly payments toward the loan are then deposited into a savings account, the balance of which will be returned to you (sometimes with accrued interest) when you pay off the loan as agreed.\nCredit-builder loans generally range from $300 to $1,000. During the loan term, normally six to 24 months, you'll make payments toward the loan balance.\nThe lender reports your loan payments to the national credit bureaus (Experian, TransUnion and Equifax), helping you build or improve your credit history. You can seek a credit-builder loan from a credit union, bank or online lender. END