Credit experts share 5 tips for building your credit

WGN Weekend Morning News

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)

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Popular

Latest News

More News