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Personal Finance for Millennials: Establish a Line of Credit! Do it! Now!

The Motley Fool Videos
Updated

Millennials are notorious for putting off the whole “credit score” thing until they get turned down for a payment plan. If this sounds like you, don’t worry! In this clip, Alison Southwick, Robert Brokamp, and blog writer Johnnie Weathersby go over the basics of establishing a line of credit (and why it’s so important), and how to do it even if you aren’t bringing in enough income to get approved for a traditional credit card.

This podcast was recorded on Jan. 22, 2016.