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10 Smart Student Credit Rules
Posted By Jim On 06/16/2009 @ 7:30 am In Credit | 11 Comments
I applied for my first credit card as a freshman in college, it was an AT&T branded Citi card that gave me free long distance phone minutes and a few rewards points. I was fortunate to have started building up my credit at the age of eighteen, which would prove to be crucial later on. I was even more fortunate never to have fallen down the credit card debt hole so many college students slip into, in part because I know my mom would’ve been furious.
To help all the rising freshmen, or perhaps the parents of rising freshmen, I offer up these ten rules for smart credit. Some of these are credit card rules and some are simply credit rules, hopefully all of them are helpful. Here are ten tips for students looking to build credit but not credit card debt:
People will argue that you shouldn’t give a student a credit card ever. I think that’s a mistake, it’s like never letting a teenager drive. You want them to learn how to use something responsibly, not shield them from it until some magical clock says they’re suddenly responsible enough to drive or use credit.
I limited myself to listing ten tips but if you have one that’s not on the list, please let me know!
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 best student credit cards: http://www.bargaineering.com/articles/best-student-credit-cards.html
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