DePaul University Financial Fitness > Establish Good Credit

Establish Good Credit

You can establish good credit. Here's how...

Your credit history, or credit report, is a financial report card. It includes an overview of your financial past and present, detailing both your current credit and how you've managed your credit over time. Your credit history follows you throughout your life. It is used by lenders, landlords, mortgage brokers and even employers to determine your credit worthiness — that is, your means and ability to repay your debts.

Establishing good credit involves three steps: