When I first moved to the US (some 4 years ago), I obviously did not have any credit. I could not even get a cell phone, let alone a loan. I started trying to figure out how the system works, and the "nobody will give me credit, since I need credit to get credit" situation can be frustrating at times.

I think you need to keep some things in mind: what is it you're trying to do? Are you simply trying to build your credit, or do you have bad credit and you're trying to get a loan? If you're a student and you need a loan, did you try your school's financial department (rather than your bank)?

If you're simply looking into building some credit, fourdc is right on...

very_unhappy > home loans often have much lower (credit) requirements than other types of credit. It's not uncommon for someone to be denied for a $500 credit card, but being approved for a home loan. Credit isn't everything (mortgage companies look more at what you make - or will be making - than credit card companies, for example)...