Lindsay is a young adult with little credit history. She wants to build her credit up, and she has been approved for a credit card with a small line of credit.
Which of the following is a good approach to building her credit history?
A. Receive the credit card, but do not use it so as not to go into debt
and show herself to be irresponsible with credit.
B. Make regular purchases with her credit card and pay the balance
each month in its entirety.
C. Decline the credit card offer and instead pay cash for all of her
purchases. A credit card is not a valid way to build credit
D. Make one large purchase with the credit card and then be sure to
make regular payments to pay off the balance within 12 months