Thursday, April 12, 2012

5 credit card tips for students | Credit Card and Finance Blog

News from Fox Business:

I should have paid closer attention in college for a variety of reasons, but that is a different article. Often, I would find myself sitting in class, daydreaming and looking around the room where, on the bulletin boards, flashed advertisements and applications for credit cards. Boy, with spring break approaching and with no money to pay for a trip, those credit cards seemed like an easy solution. Heck, I would graduate and get a good job then pay off the card. Well, it did not quite work out that way.

This occurred in the late 80?s and with the new regulations which went into effect in 2010; the college market is not quite the fertile farming ground it once was for lenders.

However, many of the same traps exist today as they did 25 years ago.

Credit is important to establish when you are first entering the workforce as it will allow you to develop a credit history. Your credit history can hurt you or help you depending on how responsible you are with managing your credit. Here are some smart strategies to implement so you can start off on the right foot.

1. Use credit cards for convenience?????. continues on Fox Business

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