Students looking to qualify for loans with lower interest rates will often add a cosigner — often a parent with a
more established credit history — to their loan.
But they should
establish a credit history by putting expenses (such as a business phone line) in their business name and using a commercial bank account to pay their bills.
Today, individuals in college getting their first credit card can get rewards that are comparable to offers available to those with
well established credit histories.
One final notable positive attribute of store credit cards is that they can also
help establish a credit history and improve your credit score with timely payments.
Students looking to qualify for loans with lower interest rates will often add a cosigner — often a parent with a
more established credit history — to their loan.