 TITLE: Will Being an Authorized User Help My Credit? CONTENT: Other Ways to Build Credit\n--------------------------\nIf you don't have access to someone who's willing to add you as an authorized user, there are other options for building credit. Or, if you'd like to see faster progress, consider opening one of these types of accounts in addition to seeking authorized-user status:\n*   **Secured credit card**: This type of credit card is best for those who are new to credit or want to repair it. You'll make a deposit, generally of $200 to $2,000, which becomes your credit limit. As you use the card responsibly—meaning you keep the balance low at all times and pay it off each month—the issuer might turn it into a traditional unsecured card. You can then get your deposit refunded to you.\n*   **Credit-builder loan**: A credit-builder loan functions similarly to a secured credit card, without the deposit. You'll apply for a loan—typically from a credit union or community bank—and make monthly payments toward it over a period of six to 24 months. Once your term ends, and you've made all your payments on time, you'll have access to the balance in the form of a savings account. That way, you're saving and building credit simultaneously. END