WEBVTT


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(upbeat music)


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There are two main reasons you should consider
getting credit.


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First, it lets you get things done.


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Life can sometimes catch you off balance,


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and credit can help give you the financial flexibilty
to handle unexpected situations.


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The second reason is just as important.


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When you use credit correctly,
you build up a positive credit history.


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Your credit history is a record of how good you are
at paying your bills on time, all in one place.


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It's used by lenders and many other companies
to see how responsible you are with money.


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Every time you get a new cell phone,


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buy a car,


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rent an apartment,


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or sometimes even apply for a job,


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there's a good chance someone may be
checking your credit history,


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so it's really important to build it up, and keep it up.


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When you stick to the path, that's much easier to do,
so stay tuned and get smart about


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how to build good credit.