Conversation#7: Building Credit for Young Adults

Building your credit is one of the first steps to financial health – the cornerstone of financial freedom and spending power. For young people, it can be difficult to establish a strong credit score out of the gate and show a solid credit history that lenders take seriously.  A good credit score helps you get approved for loans and credit cards. It also helps reduce the expense associated with your debts, as you’re more likely to get approved for lower interest rates if your credit is better. This podcast will give you an understanding of what makes up your credit score and tips on how to build your score so you can reach your financial dreams and aspirations.

In our latest episode, Jamaal Evans, branch manager at Shawnee station, and Anajana Paul, Product Delivery Manager, offer guidance to help establish good credit as a young adult.  They cover everything from what your credit score is affected by, who can see your score, common misconceptions on building credit, and more. Listen today and begin your journey to build your credit one step at a time.

This podcast is brought to you by CommunityAmerica Credit Union.  This recording is for educational and entertainment purposes only and may not reflect the experiences of all consumers. It should not be viewed as personalized financial advice and is not a substitute for consultation with your financial representative. Any reference to third-party websites are provided for information purposes only and are not endorsed by CommunityAmerica. All loans are subject to approval and terms may vary.  Please visit CommunityAmerica dot com to learn more about how we can assist you in achieving your Financial Peace of Mind.