Brit, you have gotten some fantastic advice. Adding my
, be sure that when you apply for credit at a retailer they report
customers with good payment records to the credit agencies. Not all of them do - some only report bad customer payment records. Also if you decide to repay a credit card/loan ahead of schedule, be sure what their repayment policies are. My daughter bought a car and wanted the transaction to help her credit history the most. She thought if she repaid the loan quickly it would help her more..... WRONG! In order for the loan and her payment history to be reported, she had to have the loan for one year and one day. Otherwise, her good payment record would not be reported.
