How Do You Eliminate College Student Credit Card Debt?
The best way to avoid college student credit card debt pitfalls during your years in college is to simply say no to college students credit card offers no matter how good they sound. Parents need to educate and stress the consequences of credit cards with their children especially before going off to school. Below are some tips as to how to have a frank and honest conversation with your children about the dangers of credit cards and how credit card debt in college can be reduced. If you are tying to build some level of credit, the best credit cards for college students are the ones with low limit and no annual fees. The card report has a great section for students that list the best cards to apply for that will reduce the risk of running into high interest rate cards as well. Below is the link. It is one thing to receive the credit card terms and agreements in the mail and quickly scan over it, but it is also another thing to sit down and really discuss what it all means. Parents shoul