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© 1984, The Board of Regents of the University of Nebraska on behalf of the University of Nebraska–Lincoln Extension. All rights reserved.


This NebGuide discusses how to obtain credit, suggests steps to take if credit is denied, and provides guidelines for managing your credit accounts.

Buy now -- pay later! How many times have you been encouraged to use future income to pay for present needs and wants? Indeed, credit has become a way of life for many American consumers. While abuse of credit has created problems for some, credit itself should not be viewed as a villain. When used properly, credit can be an effective tool to help individuals and families reach financial goals. While credit can be an important part of a financial plan, the amount used must be controlled carefully.