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My Future Credit Timeline
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16 Years Old (1 year from now)
I will be in High School and working a job in Morgan County. I could take out a credit card in my name and make small manageable purchases with it. -
Result of taking out a credit card (18)
From taking out a credit card, it will be easier to get a loan for college because I will have good credit score with a good credit history. -
20 Years Old (5 years from now)
I will be going to college in Ohio. I can pay off some of my student loans so I will have less interest and less debt for when I graduate and start my life. -
Result of paying student debt (22)
It will be easier to get an apartment and a car because I have less debt and interest to pay. -
25 Years Old (10 years from now)
I will be working in finance. Paying student debt made it easier to get an apartment and a car. Those loans help improve my credit score. -
Result of apartment and car
My credit score is great due to getting a car and an apartment. -
35 Years Old (20 years from now)
I am looking to get a new apartment which will improve my credit score. I can take out more than 1 credit card and pay them back in full so improve my score.