529 Plan and College Savings

Archive for September, 2008

Question: How do i build credit?

i just turned 18 in july and i guess in alabama you cant get a bank account, a credit card, or go under any kind of contract until you are 19… im lucky enough to live in a “college” town and they let me get a checking/savings account at regions… i tried EVERY cellphone company to see if i could go under contract and, the answer was no and they tried to sell me on some prepaid plans… how do i build my credit?

Answer: the best way most of build credit is through a credit card. Its true you won’t be approved for many cards you apply for thats y you have to find the right card from the following site. See in the section for people with no credit. Also be sure to read some very useful articles on there.

Jeremy Sherer Discusses Alabama’s 529 Savings Plan