Putting Credit In Your Own Name

Establishing credit in your own name is a must, particularly for women. It used to be that when a man and woman married, everything from the house and utilities to the checking account and credit cards were in the man's name. But times have changed. With skyrocketing divorce rates and many women choosing not to marry until well after they've built a career and sizable nest egg, women need to maintain control of their own financial futures. Apply for a credit card in your own name. Then use it and pay it off on time. You can also apply for a personal loan or auto loan in your own name. The key is to make sure the accounts are in your name only and that you pay the bills on time. Just be carefull when you are dealing with joint or co-signed accounts. Any negative records from these accounts will appear on both people's credit reports.