Just 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... Articles Tagged ‘student credit card’
Credit Card Advice For College Students
Just 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...
Wednesday, August 29th, 2012
Just 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... How to Get a Student Their First Credit Card?
As your student begins his or her new life on campus, they’ll need to be much more responsible for their own life as compared to when they were still living at home. Many of these new responsibilities will include taking care of themselves and making sure that they satisfy their academic obligations. But another aspect of this new independence will be financial.
Even students who live in dorms need to be able to manage the financial components of their lives. Since much of adult life involves the use of credit cards (even if it’s just for convenience or financial tracking...
Monday, April 23rd, 2012
As your student begins his or her new life on campus, they’ll need to be much more responsible for their own life as compared to when they were still living at home. Many of these new responsibilities will include taking care of themselves and making sure that they satisfy their academic obligations. But another aspect of this new independence will be financial.
Even students who live in dorms need to be able to manage the financial components of their lives. Since much of adult life involves the use of credit cards (even if it’s just for convenience or financial tracking... 
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