You know that there are a variety of benefits of using credit cards, from extra spending power to security and fraud protection. But there’s another aspect of credit cards that benefits a couple of specific consumer groups — the ability of credit cards to help you build a credit history.

Let’s talk about how credit cards can help you build a credit history (which you can check when you review your credit file), why it matters, and what consumer groups really stand to benefit most from this. read more..