Friday, July 20, 2007

The Real Cost Of Student Credit Cards: Low Credit Scores

Before college, student credit cards were piling up in your mailbox waiting for a response. During college, you applied for two or more credit cards because you considered it ‘free cash’. Now, you are planning for your future before graduation. You realize you are in credit card debt because you mishandled your finances and you have a very low credit score. You apply for more credit to pay off your current debts, but you see these new cards have higher interest rates. Suddenly you realize… It Is Not ‘Free Cash’ The ‘free cash’ mentality has crippled money management skills in today’s college student. With the growing debts of student loans, students are relying on their credit cards to surpass the harsh times. Very few have an idea of how much ‘free View the rest of this article


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