Survey: College grads are optimistic, interested in raising credit scores as they begin careers

A recent survey by the credit bureau Experian found most college graduates are optimistic about their future.

"More than 70% told us that they are employed full time, most of them in their field of study," said Rod Griffin, director of consumer education for Experian.

Griffin said people just starting their careers face financial challenges with higher rent and monthly bills while paying on their student loans.

Many move back in with their parents for a while in order to build savings. More than half lay aside money for their future. They have financial concerns, but many are more aware of new online tools to improve their credit scores.

"So they are investing. They are checking their credit histories, which we want everyone to do," said Griffin.

Higher FICO scores can help anyone achieve better rates, better terms on loans and lower costs. Griffin says the online tool "Experian Boost" can help build a more positive payment history by adding monthly bills onto your credit record.

"So they are adding their cell phone payments, their utility payments and actually even their streaming services," said Griffin.

He says a good credit profile can help when they are ready to buy big ticket items like a new car or new home and with the best possible rates. The key, says Griffin, is knowing your score.

"You need to know what’s in it so that you can act on it," he said. "It’s empowering to know what’s in that credit report."

You can get a free credit report once a month along with your credit score from Experian.