I can remember student registration as though it were yesterday; waiting in line to get my schedule, books, and all those things necessary to begin my college experience. Right next to where I picked up my books were two smiling individuals representing a credit card company, which will remain nameless. I thought it somewhat odd at the time, but didn’t think too much of it. I was too busy enjoying my new found young adulthood and independence. [Read more...]
Buy Now…Pay Later
By October 18, 2011 Leave a Comment
The Dangers of Credit Cards for College Students
By July 18, 2011 Leave a Comment
If there is one stage in life that can either make you or break you, none seem as relevant as college. It is at this stage of life that many can either make or break their life. That is why many credit card companies target college students. If they can get them into the habit of using the plastic instead of the paper, most naturally it will follow them straight into their adult years, and as everyone knows, getting out of credit card debt, or any debt for that matter, can be next to impossible.
So why do college students get such “great” credit card offers? For one, even though they are high risk, most credit card companies have profiles on their parents, and many parents will bail out their kids should they default on their credit card payments. [Read more...]
