Like many people, you may wonder how to start building credit for the first time. It can seem tricky, especially if you don’t know where to start. Credit is a financial status that denotes a person’s or company’s ability to pay their debts.
In the most basic sense, building your credit comes down to knowing how to make smart financial decisions to attain financial power. If you’re just starting out in life, it’s important to start building your credit as early as possible.