How to establish your credit.

When you first set out to establish your credit, you have to be real carefull with the shark offers out there.
You need to be 18 years old to have a credit card (Credit Cards are binding contracts and you need to have the legal age to obtain one)
But there are definitely ways around it.
Your parents may setup an account with their bank and have co-sign for you. but these cards are known as secure credit cards, it almost works like a savings account, you deposit a certain amount, for instance $500 and then you use it, once you used some of your balance you want to pay it again to top it off.
Now if you are over the age of 18, here is how you start establishing your credit the right way.
1. The easiest way
If either your parents or a family member trust you and they already have good credit established (and I want to emphasize GOOD) you could "piggyback" on their account. This is the easiest and fastest way to start stablishing your credit. The problem is, that person might not trust you enough to give you some credit juice, or they might not have good credit.(which is very common in this economy)
2. The do it yourself way.
Now you won't be able to get a credit card if you don't have some establish credit already, don't tried because is not worth it. (remember, every time you apply for credit you will lose 2 points out of your FICO score, every inquire of credit made by you will stay on your credit report for one year, and creditors will frown upon one too many inquires)
Now that you know that, don't waste your time applying for credit cards, and also don't waste your applying for store cards (they are easier but if you don't have any credit, they will most likely deny your application).
The best way to go is a Secure credit card, you could go to your local bank, you could go to your parents credit union, or you could simple Google "secure credit card" and you will have a number of choices. start small, $300 will do, you will have to deposit the money into the card and then they will sent you the card. Start using the pre-paid card and badabim badaboom, you are in business. (TIP: Never ever go over the ratio 50% of your credit card balance to your credit limit, if you have a $300 limit on your card do not go over the balance of $150, you want to signal to the Credit scoring companies that you are a responsible consumer.)
Now remember not every Pre-paid card will act as a credit card, you want to make sure that the bank that you choose will report to the bureaus. I am working in compiling a list with the best secure credit cards and that will my next article.