Smart Consumer Series: How College Grads Can Boost Their Credit – and Why They Should

Your credit profile affects your ability to get a job, apartment, car loan, and even insurance


Congratulations to all of the recent college graduates! You did it!  Now’s the time to follow that smart move with another and take a few minutes to learn how to build a good credit profile. Having good credit is important because it will save you money in the long run. Need to get a loan for a car or something else? You’ll get the best deal—in the form of lower interest rates—if your credit is good. You’ll also pay a lower interest rate on credit card debt. Your credit profile is also a big factor in how much you pay for car insurance—even bigger than your driving record. And if you don’t yet have a job, bad credit could cause a potential employer to think twice about hiring you.

Check out these 5 ways you can boost your credit causing you to  avoid future pitfalls:

  1. Search for your first credit card
  2. Don’t borrow too much
  3. Pay off debt on time
  4. Don’t worry about having debt “diversity”
  5. Check your credit report  regularly


More about building good credit


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