One of the most exciting parts about growing up is becoming financially independent, but learning how to do so can be challenging. Building good credit is a must: It will help you qualify for loans, auto insurance, rental applications, cell phone plans and can even impact job prospects. No worries, I have complied some tips for you to get started with.
10 Guaranteed Ways For Students in College To BOOST Credit
👉🏽Become an authorized user on a parent’s account.
👉🏽Open up your own credit card.
👉🏽Get the right credit card for you.
👉🏽Use the credit card for occasional, small purchases.
👉🏽Avoid big-ticket buys, except in cases of emergency.
👉🏽Pay off your balance each month.
👉🏽Pay all of your other bills on time.
👉🏽Don’t co-sign for your friends.
👉🏽Do not apply for several credit cards at one time.
👉🏽Use student loans for education expenses only, and pay on time.