Posts Tagged ‘How To Establish Credit’

 

How to establish credit as an 18 year old?

Saturday, November 7th, 2009
M asked:


I just turned 18 and want to establish credit for myself. I do not really know anything about credit. My sister’s boyfriend never got a credit card or anything, now he is 26 and has no credit.

How do I establish credit? Do I absolutely NEED to get a credit card? Which credit card is best for a student in college?

Right now I have a debit card with Chase, hooked up to my checking account. Does this give me credit?

Any helpful answers are very much appreciated.

Nancy