Credit card stats

According to a 2002 survey by UCD’s Student Affairs Research and Information, 88 percent of UCD seniors owned credit cards, compared to 44 percent of freshmen.
Of the freshmen who had credit cards, 87 percent reported that they always paid their full balance when due. That number dropped to 52 percent for seniors.

Pre-Approved Credit Cards

You probably receive a lot of offers for credit cards that say you are pre-approved. That means that they got your name from a credit bureau, as someone who meets their basic criteria. Being pre-approved is not a guarantee that they will offer you credit, however. They make that decision after perusing your full application.

Students gets some coaching to tackle credit card concerns

Rachel Wikoff received a credit card offer in the mail and signed up, intent on building up her credit rating.
The recent UC Davis graduate thought she was being careful. She set up automatic payment through her bank account, always paying more than the minimum amount.

Research Pinpoints Financial Literacy as Key to Preventing Student Credit Card Debt

Millions of Americans struggle with credit card debt-and college students are no exception, according to a recent study by a Buffalo State College researcher that points to a general lack of financial literacy as the No. 1 reason.
Look into the purse or pocket of any college student and research indicates that you will find an [...]

The Shift To A Consumption Based Economy Fueled By Credit Card Debt

– Has It Been Good For America?
There has been a marked shift in the American attitude towards spending during the past century, one that has resulted in concepts of thrift being tossed to the wayside, as consumption rises up to rule the day. While this change had its roots in the late 19th century, as [...]

Credit Card Chargebacks

Fees can add up during the holiday shopping season
It seems like only yesterday we were gearing up for a new holiday shopping season. Alas, a plethora of shoppers seeking competitive pricing, free shipping and prime customer service is here. We’ve struggled to work out all the kinks in our shopping cart solution and backend system, [...]

How to Compare Credit Card Rates?

There are tons of credit card comparison sites on the internet, search for terms like “credit card comparison” in Google or in any other major search engines to find them. If you know what type of card you are loking for, narrow your search by using more specific searc terms, e.g. “no annual fee credit cards” or [...]

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