When you get a credit card, you start to build your credit score. It’s important to start establishing credit when your young for the major purchases that you will be making in the future, like a car or a house. As soon as you get a credit card and start to manage it responsibly, you are building and slowly improving your credit. Never missing the minimum payments and paying off your debts as soon as you can, are crucial to maintaining a healthy financial position. Although there is no specific time frame when it comes to improving your score and getting from a low to a high number, healthy financial habits can lead to a spike in your credit score within 4-6 months.
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