Bad credit follows you around for a long time. That's why it's so important to learn how to build good credit right from the beginning. But if you're already having trouble maintaining a good credit score, all is not lost. Whether you're applying for your first credit card or trying to fix mistakes you made in the past, good credit isn't out of reach.
It's tempting to open as many credit card accounts as you can, but there are some downsides to this. First, the more credit you have, the more you'll be tempted to use it. Second, each new credit card application adds an inquiry to your credit report. The fewer inquiries on your credit report, the better. They make up 10% of your overall credit score.
This site offers information designed for educational purposes only. The information on this Website is not intended to be comprehensive, nor does it constitute advice or our recommendation in any way. We attempt to ensure that the content is current and accurate but we do not guarantee its currency and accuracy. You should carry out your own research and/or seek your own advice before acting or relying on any of the information on this Website.