Articles Tagged ‘college credit card’

Credit Card Advice For College Students
Wednesday, August 29th, 2012
Credit Card Advice For College StudentsJust before the recent financial crisis, it was incredibly easy for college students to open multiple credit card accounts while still in school, before they ever received their first paychecks. This “free for all” often led to significant financial problems for many students once they graduated – just at the time when they were the most financially vulnerable. But the Credit CARD Act of 2009 made it much more difficult for credit card companies to let students open new charge accounts. In general, a student must now either demonstrate an independent source of income or get a cosigner on the...

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Information and Advice on How to Get Your First Credit Card
Friday, January 20th, 2012
Information and Advice on How to Get Your First Credit CardCredit cards have become an indispensable part of modern-day life. They certainly make it much easier for common transactions (like paying for gas directly at the pump), but they’ve also become practically mandatory for transactions such as renting a car or hotel room. In recent years it’s become more difficult for young adults to obtain their first credit card. Not only have some credit card companies been taking a closer look at their applicants and being more selective in granting cards, but recent legislation has made it more difficult for students to get their first credit cards while still in...

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