Understanding how to use credit wisely is an important part of your financial literacy. Maintaining a good credit score is important for helping you get the best interest rates, along with other benefits. You are eligible to receive a free annual credit report, which contains information used to evaluate your applications for financing, housing, employment and more.
As you graduate from college and enter the working world, it will be important to maximize your opportunities for finding work and beginning your career. The UW's Career Center can help you in your search for employment.
The best way to avoid defaulting on any of your financial obligations is to make your required payments on time and in full. One strategy to help you with this is to set up automatic payments - this will help you avoid late fees and negative information on your credit bureau record. If you run into difficulties in keeping your account current, be sure to contact your lender/creditor as soon as possible - there may be alternative payment options your creditor can offer that will help you avoid default or other negative consequences of having a past due account.
There are many websites about personal finance to help you in learning more about financial literacy. Here are just a few: