Archive for November, 2008

Common Student Credit Card Mistakes

Some people are hesitant to get credit cards for students thinking that owning often leads to bad credit. In worst cases, some students even had to file for bankruptcy because of uncontrolled credit card debt. But this doesn’t need to happen in your case. Owning a student credit card has its advantages and by avoiding these credit card mistakes, you can eliminate the risk of bad debt.

Signing up for card without doing comparison. There are many available choices of college credit cards in the market. Unfortunately, many students rush into signing up with the first credit card offer in their mail. But what seems like a good deal at first may end up to be a bad deal once the promo period is over. This is why students are advised to compare each student credit card that they’re considering before making a final choice. Read more…

Things to Look For In Applying For Student Credit Card

With so many different student credit cards in the market, how can you pick the right one for you? Here are some factors that you should check on:

The APR. A lot of credit cards for student comes with a 0% APR introductory offer. Before you sign up, make sure that you understand where the zero interest is applied. The 0% APR may only be applicable to purchases or balance transfers while other cards may give the zero interest on both.

Furthermore, make sure that you are clear about how long the introductory promo lasts. Some credit cards offer only 3-6 months while others may offer a much longer introductory period. Read more…

How to Deal with a Stolen Credit Card

It’s true that purchasing with a credit card is lot more convenient than using check or cash. Students with a credit card can easily make online purchases or make online reservations, get the chance to earn rewards and start building an early credit history of their own.

But what about the risk of fraud and theft? If you’re a student, you should be aware of how to avoid losing your student card and what you can do in case of loss or theft. Consider the following pointers:

• Put your credit card in a safe place. If you’re staying in a boarding school, make sure that your student credit card is kept in a safe place. Never leave your wallet unattended and make sure that your locker is securely locked in place. Read more…

A Practical Guide on Student Credit Cards for Beginners

Are you a student pursuing college? If so, ever thought about getting a student credit card? Others may have doubts thinking that a credit card only leads to bad debt. However, when used responsibly, a student credit card can bring many advantages.

Student Credit Card Advantages

Easy approval. Getting approved for a student credit card is easy and quick. Unlike regular credit cards, having a credit history or a source of income is not required. Read more…