What advantages does having access to credit provide?

• The ability to buy something (e.g., appliance) or do something (e.g., travel) today and pay for it later.

• Flexibility to make purchases and take advantage of opportunities without cash in hand.

• Fewer hassles and expenses to rent an apartment and get service credit from utility companies.

• Peace of mind that you have a back-up line of credit if needed. Continue Reading MoneyTalk: Building a Positive Credit History