 TITLE: How to Start Investing CONTENT: How Investments Affect Your Credit\n----------------------------------\nInvesting typically has no effect on your credit scores, as investment accounts are not listed in your credit report and, in most cases, credit checks are not needed to purchase investments. Investments also don't involve borrowing, and as a result, no record of repayment is created.\nOne of the few exceptions to this is if you want to open a margin trading account, which may require that you authorize a credit check. Margin accounts allow you to borrow money from your brokerage to make trades with cash you may not have liquid at the time. The brokerage uses your existing investment portfolio as collateral for your loan. When you apply for a margin account, the brokerage will probably check your credit, which will result in a hard inquiry being listed in your credit reports.\nOverall, investing extra money you have may be able to help you build wealth over time. While it takes time and attention, the payoff is worth it for many investors. Remember that all investing involves some level of risk, so make sure you have all your personal finances in order before allocating too much of your money toward building your investment portfolio. END