Imagine life without credit. It would drastically change how we spend money.
Whether securing a mortgage for a new home, using a student loan to pay for college, or simply putting groceries on our card, we need credit. Building a strong credit history and maintaining a high credit score can have a major impact on our quality of life and future financial well-being.
This guide is designed to help you understand the power of your credit score, how to boost your numbers, and what mistakes to avoid to keep your financial health intact over time. If you’re just starting out, keep reading for tips on how to start building credit now to prepare yourself for the future. For those with credit scores that have taken a beating over time, we’ll walk through some concrete steps you can take to repair it starting today. If your credit is already healthy, congrats! Read on to learn how to keep it that way.