Building Credit

Is using credit good or bad? Your answer is probably influenced by your family or past experiences. While having a credit card may not be a necessity, it’s a good idea to develop a positive credit record. Landlords, employers and insurance companies all use your credit history to judge your character and to decide whether or not they want to take a risk on you and how much they’ll charge for premiums and monthly payments.

Luckily, taking out a credit card isn’t the only way to build a positive character reference and establish credibility.