Major Credit Woe

Major Credit Woe


According to Forbes magazine 7 out of 10 young adults made major credit mistakes before age 30. Sadly to say I was among this statistic. But how much does young adults really know about protecting and guarding their credit. If financial and credit management was a part of high school curriculum it could possibly reduce a friction of the credit mistake young adults make. Thinking back I don't recall discussing credit but I do remember applying for my first credit card at Macy’s at age 18. These common mistakes affect many young adults years later by either remaining on their credit report unknowingly or resulting in a high interest rate on other credit obtained later in life. 

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