Comments on: The College Students Guide To Using Credit Cards Wisely http://www.buildingcreditforstudents.com/the-college-students-guide-to-using-credit-cards-wisely/ Tips to help college students build their credit reports and continue their education. Mon, 01 Feb 2010 05:42:56 +0000 http://wordpress.org/?v=abc hourly 1 By: CarlSmith http://www.buildingcreditforstudents.com/the-college-students-guide-to-using-credit-cards-wisely/comment-page-1/#comment-259 CarlSmith Tue, 26 Aug 2008 06:23:33 +0000 http://www.buildingcreditforstudents.com/the-college-students-guide-to-using-credit-cards-wisely/#comment-259 These are some pretty good tips that students should keep in mind when they want to avail the services of a credit card company. Another helpful tip that college students is that If you pay less than the total amount due, you will be charged interest on your next bill. Even though the credit card company holds you in higher esteem than one of your high school peers who didn't go on to college, they still regard you as a rather risky proposition - which means you'll probably be paying a very high interest rate. If you only pay the minimum due on a card with a high interest rate, it could take you several years to pay off even a modest amount of debt. These are some pretty good tips that students should keep in mind when they want to avail the services of a credit card company.

Another helpful tip that college students is that If you pay less than the total amount due, you will be charged interest on your next bill. Even though the credit card company holds you in higher esteem than one of your high school peers who didn’t go on to college, they still regard you as a rather risky proposition – which means you’ll probably be paying a very high interest rate. If you only pay the minimum due on a card with a high interest rate, it could take you several years to pay off even a modest amount of debt.

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