I’m a senior in college. I mentioned to my mom about getting a credit card, to build my credit, and she said my credit is being built just through my student loans cause I pay some of them off every month. Is this true, or should I still get a credit card?


Your mom is right! You are already building credit by having student loans and paying them off. In fact, your credit history started the day you applied for your student loans! Paying them off on time is making sure you add positive points to your credit report, which will in turn result in a good credit score.

You don’t HAVE to have a credit card to build credit. It certainly helps, but it’s only one of many ways to build good credit. Follow me, my children, through the following links to learn aaaaalllllll about it:

Dafuq Is Credit and How Do You Bend It to Your Will? 

How to Build Good Credit Without Going Into Debt 

Let’s End This Damaging Misconception About Credit Cards 

63% of Millennials Are Making a Big Mistake With Credit Cards

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