Quoting I'm His Amy He's My Rory:" <blockquote><b>Quoting Tανη [CNL]:</b>" Ohmygosh!!! I know my friend's ... [snip!] ... Ours are both crap sadly. We are just starting to build it. I he was stupid and I have a divorce and ex husband who screwed me."
If there's one thing I'm grateful for, it's how my mom taught me (and controlled me) when I first started my credit. She would NOT
let me overspend. I opened my first Capital One credit card at like 19 and she would only let me use it for gas in my car and made me pay it off every month. Like...she was on me about that. At the time, I was just like "whatever, mom", but now, I'm very, very grateful, knowing that it's helped DH and I a lot.
DH didn't have any credit when we got married, so I helped him along the way (I manage the finances, for the most part) and now our credit scores are about the same...mine is 714 & his is 711. We hardly ever make late payments, we pay off our credit cards each month (which is killing us, really because it totals to about $1300/month), & the only things we allow to accumulate interest is our car payment & our house mortgage.
I plan to do the same thing to Alba when she's old enough to apply for credit.