How can I develop good credit?
I turned 18 a month ago and I know I can’t apply for a credit card anymore and I really didn’t want to apply for any loans. I have a plan to save ,000 and use ,000 to put down on a new car and use the remaining money for insurance and my car note. Will the car dealer still try to give me a loan? Should I accept it anyway?
I was thinking in order to have some credit, I could put my cell phone in my own name (I already pay it in my grandma’s name) and develop credit that way. Is that a good idea?
I’m really just clueless and need some advice lol.
Tags: car dealer, cell phone, credit card, grandma, insurance, loans, money, new car