Money Monday: Building credit history

We're talking about the basics of building a credit history for beginners this Money Monday.

Whether you like it or not, it is essential for U.S. adults to have a credit history.

If you want to buy a car using borrowed money, get a mortgage or start a new business using a loan, you’ll need to have a history of credit.

This week, and in the coming weeks, we’re offering tips for building your credit history.

Watch the video above to learn more.

More resources:

More: Money Monday section

About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.