When should someone open their first credit card?

In my opinion, as soon as possible as length of credit history is a key factor in credit ratings. But if you're going to misuse the credit (run up large balances, default on monthly payments) then don't do it. Bad credit is harder to fix than no credit.

First answer by Jen12345. Last edit by Jen12345. Contributor trust: 17 [recommend contributor]. Question popularity: 1 [recommend question]