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The first step in building a good credit record is _____.

User Hemendr
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Answer: open a savings account

From the given choices (apply for a credit card, open a savings account, apply for a car loan, open a store credit account), the first step in building a good credit record is to open a savings account. Bank accounts can help you access credit and acquire a home, a car, a personal loan because banks favor existing customers, especially those who manage their money well.
User Yoannes Geissler
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