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For those with "young" credit as you put it. Get an installment loan to build credit first. Buy a car, boat, motorcycle, trailer, anything you really need or want and can afford. They are typically a little easier to get since there is something securing the loan (i.e., the car or boat is in the bank's name). Make the payments on time all the time (you can typically get away with a ten day late payment as most banks/creditors only report late payments over 30 days late, but try not to have it happen at all).
Another credit card which is good about less than perfect credit is Cross Country Bank. It has a high interest rate and an annual fee, but it will help you establish credit without putting money in a security account. Secured cards are another way to go. You put in like $300-$500 and they give you an equal (or sometimes slightly more) line of credit.
Debit cards do nothing to build your credit, don't offer the same protections as credit cards, aren't accepted everywhere a credit card is, and can't be used to rent cars from any of the major car rental agencies that I know of.
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Strive to be more curious than ignorant.
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