Tracy Stewart

2 months ago | bankrate.com | Sara Coleman |Tracy Stewart

Many young adults — especially college students and recent graduates — often face some challenges when building credit. For starters, banks and lenders may be uncomfortable extending lines of credit to young people who haven’t yet proven their creditworthiness. Not only that, but credit products geared to consumers with a thin credit profile or lower credit score tend to be lackluster and don’t always offer the best rates and terms.