Sunday, September 12, 2010

College student credit card Detail And guide


Student Credit Card Offers

Below is our guide to the best student credit cards online. Compare the features of each offer and apply for the student card that fits you best.

Having good credit is essential to financial success. When one applys for a loan, whether for a car or a house, the applicant's credit score tells the lender how well the applicant handles his/her finances—how trustworthy the applicant is.
Building good credit early is an important head-start for today's college students, and not just for loans: Many potential employers perform credit checks on those they are considering for hire. Unfortunately, many students who are just entering college don't know the importance of, or how to manage, their credit. Falling into credit card debt early can haunt the cardholder well past graduation and throughout their twenties.
Student credit cards are aimed at unemployed college students, therefore these credit cards tend to have low credit limits and relaxed approval standards. But the same rules for building optimum credit apply, and a student that uses his/her card wisely will benefit.
Credit cards for college students are geared towards the typical activities of a college student: some offer discounts at bookstores and theaters, others offer rewards for good behavior (staying under the credit limit, good GPA, etc). Student cards can be a good tool for building credit, but if used improperly they will become a burden.

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