 TITLE: Why a Credit Card Alone Might Not Be Enough to Build Your Credit CONTENT: The Right Loan Could Help You Build Credit\n------------------------------------------\nAs long as a loan reports to the credit bureaus, it could help you build credit, but not all loans are created equal.\nFor example, many \"buy here, pay here\" car dealers and payday lenders don't report to the credit bureaus. This means any on-time payment history won't be visible on your credit report.\nThe catch is, to get approved for a loan that does report to the credit bureaus, you usually need a positive credit history or, barring that, a cosigner. If you don't have a cosigner, but you're looking to build your credit and improve your credit mix with an installment loan, you may want to check out credit-builder loans. END