Having a strong credit score is a fundamental pillar of financial wellbeing. Making a major life purchase sometimes requires a loan or a line of credit, and in hard times, credit can be a bridge to help make ends meet. A good credit score can often help borrowers secure more favorable interest rates and terms, saving them money or hassle over time.
With the benefits that good credit can offer, it is important for young people to get started and learn to responsibly maintain lines of credit. Opening and managing a credit card is an excellent way to do so. However, for many young adults—especially those in college—this can be challenging.
The Gwinnett Daily Post is a daily newspaper published in Gwinnett County, Georgia, and serves as the county's legal organ. The newspaper is owned by Times-Journal Inc. and prints Wednesday and Sunday each week.