I just passed year two of my car loan and I'm planning to use my tax refund to pay it down. This will most likely shorten the loan a year.
I'm thinking about how I can keep my credit score and such going up after I finish this loan because this is the only account at the moment that I have opened.
I have a good friend that has struggled with short credit history costing him more though he has good credit and I really don't want to be in that boat when the time comes to signup for a mortgage.
I plan on keeping my car as long as possible so is getting a credit card a good solution? I have made it this far without opening a credit card account.