College Students Credit Cards

College Students Credit Cards

Sanyika Boyce appears on Fox 8 (WGHP) Morning News and talks about how college students are affected by credit card debt

summershot.net The Effects Bad Credit Card Debt Has On College Students

Student ID Debit Cards for College Students: Good or Bad Idea? Written by Whitney Wetzel. Last updated on June 25, 2012 @ 7:30PM. Created on June 25, 2012 @ 6:16PM. For many college students, having extra cash can sometimes be a struggle. Student ID Debit Cards for College Students: Good or Bad Idea?

If you are a parent sending your child off to college, or a college student yourself then you will probably be thinking about securing finances. It is important that you protect yourself from making any huge mistakes, yet also learn the skills you will need in the future. This is why college students credit cards are a great idea for any student.

You may be worried that getting a student credit card as you might just rack up debt from day one. However, student credit cards are actually used as a great learning tool alongside a few emergency funds should they need them. Most student credit cards will have 0% interest for a set period of time, giving you the time and flexibility you will need while studying. This means you will have much less chance of getting lost in debt.

Having a credit card is a good learning tool to help you to spend responsibly.

With a little budgeting, you can ensure that you make their payments regularly and start building that credit history that will be so important once you leave college. Unfortunately this kind of credit history is almost essential nowadays, so it is a great idea to start to build it up early in life.

There are a number of offers out there, so it's important to research to find one that will benefit you the most. Some college students credit cards will come with free gifts and other great features, but you should not be swayed by the promotions and choose the one that ultimately offers the most long-term benefit.

Recommend College Students Credit Cards Articles

Question by Amanda P: I have a phone interview, should I explain why my credit score is bad? Basically I am fresh out of college, and made some mistakes in the past with handling my student loans and a credit card that I stupidly let go past due.. my credit score is abysmal and I heard employers now check people's credit scores when considering them for the job. Obviously I need the job, or I'll never be able to pay down those student loans! How do I tactfully explain why my credit score is so bad so they won't automatically write me off when they see it? Best answer for I have a phone interview, should I explain why my credit score is bad?:

Answer by ManitouLisa
I wouldn't mention it unless they bring it up.

Answer by chris c
your credit score is non of their business. don't even bring it up.

Answer by Joyful97
Unless you're going for a job as something concerning finance they won't credit check you.........so don't worry! Everyone makes mistakes - don't give up the information unless you're asked for it!!

Answer by M B
no if they want to check it let them check it.... you dont have to just start telling them about how u werent able to handle money in school.... if they ask then you have to explain... thats my opinion... dont shoot urself in the foot if ya dont gotta!

Answer by monicanena
Don't ever, ever, ever volunteer that kind of information. Very few employers check credit. It's more likely they will if you'll be working with lots of money or very high-value items (like fine jewelry.) They want to make sure you won't have motivation to rip them off in order to cover your own debts. If, by some rare chance, they do mention your credit, say things were tight during school because you weren't able to work, but that you're looking forward to getting back on track.

Answer by Sharon F
They probably check your credit report but not credit scores But either way, don't mention it unless they do. If they bring it up just explain to them that you were young and dumb and have since then been working on improving your credit and that your work habits will not be affected by the great job you are confident that you can do

Answer by smbfc
Do not bring it up unless they do. If they ask, specifically, about it or about how it happened, feel free. But don't volunteer negative information about yourself if they don't ask.

Answer by RED
I don't think they can check your credit score with out your permission. If they do ask, tell them just what you said... that you made mistakes as a college student, and you have mended your ways and really need the job and will do good to keep it. Most employers like hungry employees! Good Luck!

Answer by Madam C
Millions of people are in the same boat and we'd all be in debtors prison or turned into prostitutes if this was Victorian England. However, I would say DO NOT BRING IT UP UNLESS THEY ASK, they probably can't ASK, but let them "buy" you based on other matters. C

Answer by Jane
Don't mention anything negative what's so ever. If anything, you are to charm these people at the interview by being as positive as you can be about your self. I am sure they have no right to ask you about your credit rating.

Answer by Just Life, Trying To Live It.
This really depends on the job your being interviewed for. If your going to work at a bank, then of course you need to explain it, but if your going for a job that is not has minimal to do with the financial sector, then there is no reason to bring it up. Employers don't do that deep of back ground checks until after the 2nd or 3rd interview. The first interview is to find out two things 1. If your qualified for the job, and 2. if you have the personality that would fit with within the company. They just want to get to know you, your education, and qualifications. I have had two interviews in the last 12 months. Both began with a phone interview, then face-to-face interviews. The first job I had 4 interviews in 4 weeks and did not get offered the job, but the second one I had two interviews in two days and was offered the job on the third day (that was after a 4 month wait after I sent in my application.) Good Luck and just be yourself, remember to relax!

Answer by sphiney
Truth will set you free. Accept the mistakes you have done in the past and you already regret about it. Tell them that you are now looking forward to correct your past mistakes and ready to redeem yourself and pay all your accountabilities if given the chance to hire you. People change specially if given the right platform to renew his/her own character. This is what people's corporate character development is all about. Good luck!!!

[why credit cards are bad for college students]