How to build credit

Membership Required for Video
4:26
Category
money
Age Range
12 to 16
Instructor
Andrew

Objective

A challenge to look at the delicate trick of building credit, knowing that good credit can affect job opportunities, rental application, and a myriad of other things.

Completion Checklist

  1. Research local banks and find out if any offer a prepaid credit card that reports to all three credit groups, and if so, what the minimum prepaid cost is.
  2. Think about your options and discuss a plan with your parents to build your credit.
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Resources

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  • Lesson PDF (pdf)
    • Skill discussion
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