- 1). Open a checking or savings account before you reach 18. This can be done with parental consent or as a joint account with a parent. When meeting with the bank associate be sure to have your proof of identity and social security card with you.
- 2). Take on a part time job before you turn 18. Potential lenders will view your employment history in full. The longer you have held continuous employment the more financially stable you appear.
- 3). Get a cellular phone from a well-known, national provider. This can be done with a parent on the account prior to turning 18, or you can obtain the service when you become of age. You will be required to provide your social security number for identity verification.
- 4). Obtain a loan for a vehicle with or without a parent or relative as a co-signer. You must be 18 to get a car loan. Be prepared to provide your driver's license, social security card, proof of income, proof of car insurance coverage and financial information related to any bills you pay at the time of your application.
- 5). Apply for an in-store only credit card after turning 18. Store credit is often obtained easier than a traditional credit card. You will need to provide proof of your identity, social security number, income information and expense information. You may be required to provide proof of your social security number as well as your income and expenses.