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‘You have to find the balance': How young people can establish good credit [Yahoo! Finance]

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Yahoo! Finance
There are steps they can take to make sure they start off on the right foot. These days teens and young adults are bombarded with ads for fancy gadgets, the latest fashion, and flashy cars. Falling into a spending trap is something 22-year-old Andres Agudelo learned at a young age he wanted to avoid. “Yes, you can have nice clothes but is that going to be helping you out in the future?” Agudelo questioned when sharing his credit journey with Action 9 Consumer Investigator Jeff Deal. Do you have a consumer complaint or need help from Jeff Deal and Action 9? Click the banner below to submit a tip. When he moved to the United States from Columbia at age 15, his stepdad convinced him having good credit and being smart about spending were two keys to success. So, Agudelo started with his local bank. He said, “I asked them, ‘Can I open a credit card?' They told me that I have no credit history.” The path he chose was getting a secured credit card. That means putting money into a Show less Read more
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