CHICAGO — April is Financial Literacy Month. Marvin and Gloria Smith, credit experts and authors of “The Psychology of Credit” shared their tips for building your credit.
5 tips for building your credit:
- Have a relative add you to a credit card.
- Open a secure card
- Talk to a bank or credit union about a credit building program.
- Pay down Credit card balances under 30 percent of the credit limit
- Negotiate with collection agencies(Pay them so the delete negative info)