Question

The first step in building a good credit record is _____.

opening a bank account
getting a high-interest credit card
going into debt
starting your own business

Answer 1

Answer: opening a bank account

Explanation: Lenders want to know that you have a relationship with a financial institution and that you have a checking account available to pay your bills. Don't overdraw your bank account; in addition to possible damaging your credit record, you'll be charged fees.

Answer 2

opening a bank account

Step-by-step explanation:

it's just common sense