A lot of young adults are already heading down the road to financial hardship. Many will have problems with credit due to school loans, inexperience, financial optimism and social pressures, which will all lead to a bad credit rating. It’s important that young adults know the importance of bad credit and the effects it can have in the long run. Restraining today can help you out in a major way down the road.
Tag: secured credit card
Credit cards come in all shapes, sizes and flavors, but how do you find a credit card that fits the type of life you lead? Are you a jet-setter traveling to foreign lands? Are you trying to build your credit? Do you just charge purchases to rack up the reward points or cashback rewards? Whatever your goal, there is a credit card that works with you to meet your needs. Learn how to find it.
As a 20-something, I’m learning the importance of building my credit history now, so in the future I’ll be in a position to make the financial moves I want when I’m ready, rather than letting my credit score have control over my major life decisions.
One way to show responsibility with credit is by using a credit card.
If you’ve never had a credit card or a loan, your credit history is most likely a blank slate. Your…
If you just turned 18, it’s time to start thinking about credit and your financial future. Your credit report will…