10 Worst Credit Card Mistakes College Students Make
It is a sad fact that a great percentage of people who are stuck in bad credit are students. The lack of responsibility and awareness has put many students in a bad credit situation.
Here are the top 10 worst student credit card mistakes that should be avoided:
1. Signing up to get a freebie
Many credit card companies offer free stuff such as free shirt, caps, mugs, etc. to attract clients. Some students think that signing up just to get the free stuff is a harmless practice. However, all your credit card applications are reflected in your credit report and too many inquiries on your account create a negative impression on your credit standing.
2. Using student credit cards to play on-line games
Many students found themselves in huge debt because of online gambling. Playing on-line using a student credit card can be a tempting hobby but you’ll also be putting your credit online. Read more…
Posted by admin Date: Wednesday, February 13, 2008
Categories: Student Credit Articles, Student Credit Card Review
Tags: apply for a credit card, apply for credit card, Benefits of Student Credit Cards, best credit cards, college credit card, college credit cards, college student credit card, credit card, credit card for students, credit card offers, credit cards for students, first credit card, new credit, no credit, no credit history, student credit, student credit card, student credit cards, students credit cards
Student Credit Card Mistakes
Students are prone to get caught in credit card debt. Let’s take a closer look at the following mistakes that students make with their student credit cards.
Signing up for the first student credit card offer
As you enter college, you might receive a lot of credit card offers from different credit card issuers.
If you’re not going to think about it carefully, you might just sign up for the first offer that you think sounds good enough for a credit card. It’s easy to get one enticed by a credit card offer. Most credit card companies make a lot of exciting promotions that may be hard to resist. However, if you’ll read the complete terms and conditions, you might be surprised to see that there are certain charges that are higher than expected. Read more…
Posted by admin Date: Wednesday, February 13, 2008
Categories: Student Credit Articles, Student Credit Card Review
Tags: apply for a credit card, apply for credit card, Benefits of Student Credit Cards, best credit cards, college credit card, college credit cards, college student credit card, credit card, credit card for students, credit card offers, credit cards for students, first credit card, new credit, no credit, no credit history, student credit, student credit card, student credit cards, students credit cards
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