Build a Good Credit History
Without a credit rating, few institutions will lend you money.
Building a good credit rating is not rocket science.
Take a step in that direction by:
- Paying your bills and loans on time, and as promptly as possible
- Only borrowing what you need and what you can afford to pay back
- Avoiding prolonged "easy terms" and having to refinance at higher interest rates.
- Never signing a blank form. Remember: a contract is a legal document. Always read and understand the fine print.