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no credit file?

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Are you new to credit? Have a thin file?

Thin File is an industry term for a Lack of Credit History.  It simply means that you have few, if any credit cards, loans or collections being reported under you SSN.
Everyone starts out his way, Its up to you build and maintain your credit.  Read the articles and blogs here on CK about "Building Your Credit"  Learn what constitutes good credit and how to manage it. Once you establish credit its very important that you know how it works and how to manage it.  You credit history follows you around for the rest of your life. It will determine if and when you can make large purchases such as cars and houses and more importantly what it will cost you to have those loans.  Your score determines Interest Rates and Benefits on everything from Credit cards to mortgages, Insurance rates and more.  A 1% difference can add up to 100 thousand dollars or more on a 30 year mortgage, so you want to maintain the best credit history possible.

And remember, A great credit score is a reflection of how you manage you money, not how much you make or who you are.  Any one can have great credit if you learn to take care of it.

Good luck

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