If you have a bad credit history or no credit history and want to establish your credit, consider applying for a secured credit card. Unsecured credit cards are not easily obtained for those with a blot on their credit rating or someone who hasn't established a credit history. Lenders are hesitant to take the chance on any person who doesn't have a flawless credit history.

A secured credit card looks identical to an unsecured credit card and usually offers the same security and charging privileges. The difference is that with a secured credit card you have to pay the credit card company a deposit of security that amounts to the same amount as your credit line. This assures the company that they will get their money back if you turn out to be a bad credit risk.