A credit card can be used as a tool for creating good credit.

Question

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Timely payments of credit card bills can help establish a positive credit history, which in turn can lead to a good credit score. Consistently using a credit card responsibly can demonstrate to lenders that an individual is a responsible borrower. However, it is important to use a credit card responsibly and avoid overspending, as it can lead to high credit utilization rates and accumulate interest charges.

A Credit Card Can Be Used as a Tool for Creating