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The first step in building a good credit record is _____. opening a bank account getting a high-interest credit card going into debt starting your own business
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The first step in building a good credit record is _____.

opening a bank account
getting a high-interest credit card
going into debt
starting your own business

User Junekey Jeon
by
5.5k points

2 Answers

1 vote

Answer: opening a bank account

Explanation: Lenders want to know that you have a relationship with a financial institution and that you have a checking account available to pay your bills. Don't overdraw your bank account; in addition to possible damaging your credit record, you'll be charged fees.

User Jon Martin
by
5.4k points
1 vote

Answer:

opening a bank account

Step-by-step explanation:

it's just common sense

User Lillianna
by
5.5k points
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