1. Credit History Your Financial Reputation

2. What is credit? Credit is a promise

3. Why is Credit History Important? A credit history shows your financial reputation.

4. How to establish credit history Apply for a secured credit card Secure a loan with a CD Obtain a retail credit card Authorized user on parents’ account Make monthly payments on an item in your name

5. How do I check my credit history (report)? Check at least once a year Major companies that keep track:  Equifax Credit Information Services  Experian  Trans Union https://www.annualcreditreport.com/cra/ind ex.jsp https://www.annualcreditreport.com/cra/ind ex.jsp

6. How to maintain a good credit history? Only apply for one card at a time Pay on time Pay more than the minimum Protect your identity Don’t spend more than you make