Question

these are ways to establish good credit: question 5 options: job! open savings account open checking account and manage it well. get a credit card such as a gas card or store card and make small purchases. spend money on football tickets.

Answer 1

The best way to establish good credit is to open a savings account and a checking account, and manage them both well. Another good way to establish credit is to get a credit card and make small purchases with it.

What is credit card?
A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services according to the amount of debt they have accumulated. The card issuer (typically a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards as well as business credit cards are the two types of credit cards. The majority of cards are made of plastic, but some are made of metal (stainless steel, gold, palladium, titanium), while others have gemstones embedded in the metal.

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