Use credit to your advantage
We are all living on borrowed time. Many of us are living on borrowed money, too.
Thirty years ago, a college student wouldn’t have had as many choices for a credit card, even if they wanted one.
Today, it’s easy to get a credit card. Some companies will pre-approve high school seniors and send them the forms to fill out for a new card.
A banker once explained credit to me as, “your ability to handle payments.”
Credit can be very good when it’s used responsibly. Depending on the situation, it can be a very helpful tool to have and use, especially when applying for a car loan or renting an apartment.
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Labels: Credit Card Advice
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