Renting an apartment instead of owning a home means you cannot build a strong credit history. True or false?

A mortgage is not required to achieve an excellent credit score. Many people with scores above 800 have never held a mortgage. Credit scores are built through consistent, on-time payments on any type of credit account, maintaining low utilization on revolving accounts, keeping accounts open for a long time, and maintaining a mix of account types. Renters who use credit cards responsibly, manage auto or personal loans well, and potentially add rent reporting to their profile can achieve scores just as high as any homeowner.