Hi! Okay, so DH and I have decided we're tired of our apartment. Especially since they're wanting to raise our rent by almost $200. So we've been thinking of renting a home, but then thought, "Why rent when we can buy?"
We're trying to figure out where to start. We figured that credit is a good place. However, we know nothing about credit. I was told that since we've been renting for a year and have paid on time, we should have some credit built up. Is this correct? The apartment we currently have together is our first place and we do not have a credit card (ironically, we don't have one because the ones we applied for said we needed credit).
So if this isn't correct, how can we build up credit? What do we really need to know about credit? I've done a few Google searches, but there's so much out there that I thought I'd come here and ask you ladies.
Thanks!! And sorry if I seem idiotic, because I feel it right now!