PFIN 2nd Edition by Lawrence Gitman ,Michael Joehnk,Randall Billingsley

Exercise 1

After graduating from college last fall, Eileen Estes took a job as a consumer credit analyst at a local bank. From her work reviewing credit applications, she realizes that she should begin establishing her own credit history. Describe for Eileen several steps she could take to begin building a strong credit record. Does the fact that she took out a student loan for her college education help or hurt her credit record?