It’s crucial for young adults to establish their credit history early so they can access better insurance rates, get easier approval for renting an apartment and ultimately, have an easier time applying for mortgages and other types of loans. Here are six ways young adults can establish good credit.
Get a secured credit card.
A secured credit card is like a regular credit card. You make purchases and make a payment when the bill comes. If you don’t pay off the balance, you’ll be charged…
