How to build credit as a college student

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Good credit can help students studying in college to rent apartments, qualify for car loans, and even land a job.

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It is important to build credit early in life to help you get a student loan or charge expenses on a credit card.

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1. Start building credit history. If you are confident, start establishing credit history with a credit card or loan.

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2. If you don't qualify, ask your parent or guardian if you can piggyback on their credit card as an authorized user.

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3. Get a secured credit card. You'll deposit money and use the card. It will help avoid overspending and has less risk.

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4. Get a student credit card. Credit companies offer these with lower credit limit and higher interest rates.

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5. Pay your bills on time. Making consistent payments in full every month helps improve your credit score.

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6. Pay down student loans. Making monthly payments establishes you as a trustworthy borrower and boosts your score.

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7. Review your credit report. Start checking your report as a habit to look out for any fraudulent charges.

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