how to increase credit score without credit card

You can increase your credit score without a credit card by responsibly managing other financial products. Building a consistent, positive payment history is the most important factor.

• Ensure timely repayment of all existing loans and EMIs (such as personal or auto loans) to build a strong payment record.
• Consider applying for a credit-builder loan, which is specifically designed to establish a positive credit history.
• Become an authorized user on a close family member’s credit card that has a perfect payment and low debt history.
• You can also explore options to report consistent on-time payments for utility bills and rent to credit bureaus.