Establishing credit history. After graduating from college last fall, Nicole Butler took a job as a consumer credit analyst at a local bank. From her work reviewing credit applications, she realizes...

Establishing credit history. After graduating from college last fall, Nicole Butler took a job as a consumer credit analyst at a local bank. From her work reviewing credit applications, she realizes that she should begin establishing her own credit history. Describe for Nicole several steps that she could take to begin building a strong credit record. Does the fact that she took out a student loan for her college education help or hurt her credit record?