Your credit history matters and it will follow you for years to come. That's why it's important to
use your student years to build a strong credit record.
Good credit can get you decent rates when you're ready to buy a home or car. It can also get
you better deals on cell phone rates, car insurance and more.
Start strong with these credit basics:
- Choose your credit tools wisely - Choose a credit card or line of credit with the
lowest possible rates. - Start with good habits - Start with small monthly balances and be sure to pay
them off (or at least the minimum payment) on time. - Keep tabs on your credit rating - It's easy to request a copy of your personal
credit record from a credit rating company. This can help you to clean up any
mistakes in your record, or to make improvements over time.
Let BMO help you build a strong credit record:
