Avoiding Financial Pitfalls Now That You’re Independent

Piggy Bank

In most places in America, it’s hard to get by without a car. One of the rites of passage for young men and women is to own their own car and gain independence. Maybe your first car was purchased from a family member; it had about a billion miles on it and a door that was a different color. Or perhaps, after years of bumming rides with friends or taking the bus, you have finally graduated from college and are looking to embrace your adulthood at its fullest with a newer used car of your own. You need to have a car for this stage in your life, but you’re nervous that your credit history will hold you back.

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