Surviving credit card temptation in college
Debt 101: Jennifer Moreau, a fourth-year student at Louisiana Tech University in Ruston, knows quite a few people who have looked to credit cards or loans to make it through college. And some of her peers have fallen victim to credit card debt.
It’s a miserable situation. And it ruins your credit, which is extremely important [...]
Student worries about her blank credit history
Erica Sande is not your stereotypical indebted college student. The 21-year-old graduate student at the University of Minnesota doesn’t even have a credit card. Or a student loan or a car loan or any bills in her name. She plans to trade days in school for a job as a school counselor when she graduates [...]
Think you’re ready for a Visa student credit card?
Most students assume they are without giving the matter very much thought. If this describes you, then you might be biting off more than you can chew. Before you jump into the world of credit cards with both feet blind, make sure you ask yourself these three important questions…
Student credit card use a growing concern
A California law has reduced the number of credit card companies soliciting students every week.
Credit cards can be very useful to people who are traveling, experiencing temporary shortages of cash, or who are trying to build credit in order to purchase a car or a home.
But the dangers hidden in high interest rates and fees [...]
Do Your Kids Need Citi Student Credit Cards?
If you have a son or daughter in college, you might want to ask yourself if a Citi student credit card is in order. After all, a student, no matter where they go to school, is definitely going to come across more than their fair share of credit card offers. As a parent, you want [...]
Prepaid credit cards put holder in charge
Why to obtaine a “prepaid” Visa or MasterCard?
When your kids begin college next year, you want them to have a major credit card (Visa, MasterCard, etc.). In particular, you want them to have the conveniences of a credit card. They can charge larger amounts than they would carry around in cash and use it at places that don’t accept checks. Also, with a [...]
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.