The issues concerning students in deep credit card debts are in some ways true and may happen to anyone. There are plenty of non-profit foundations and financial counseling centers that prove the existence of students who are financially drowned in debts.
Despite the aforesaid alarming situation, counselors still manage to encourage college students to acquire their own credit cards. These counselors would profess that while there are students experiencing such a disturbing phenomenon in their lives there are those who responsibly managed their finances. The bottom line according to them is discipline in terms of handling the finances and the parent’s role must be encouraged.
Student credit cards can be acquired by young adults that are still studying. Even without a job or credit history, one can actually have his own credit card. For as long as you maintain a good credibility with the company, your card will ever be active. According to studies, college students are very good payers and this maybe one of the reasons why lending companies still eyes students as major clients.
The problem between choosing a regular credit card and a student card may...
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