Over the past few years there’s been a trend online of financial experts recommending credit cards for college students. Is this really a good idea? This strain of advice usually…
Posts Tagged: Students
We’ve recommended that students get credit early and use it wisely to establish a healthy credit record.
Unfortunately, that’s easier said than done. There’s a reason laws like the Credit CARD Act of 2009 get passed: students averaged over $3500 in credit card debt, with 85% of cardholders carrying a balance from month to month and paying hefty fees and interest.
Parents across the country are having the talk with their young adult as he or she heads out the door to college. This year, however, the talk isn’t about sex,…