Do College Students need a Credit Card?
Millions of people in the United States carry at least one credit card. And guess what? A large number of them are college students. This is becoming a popular trend as costs go up, and the number of students in college also increases. The question is: do college students need a credit card? This all depends on who you talk to.
Generally speaking, you should never obtain a credit card until you are responsible enough to do so. If you are going to run up a huge bill, and then find out how to pay it later, a big mistake is in the works. And unfortunately, this is how many college students think.
Is there a time when a college student should have a credit card? There is nothing wrong with using a credit card for essential purchases such as books, food, and supplies. But as noted above, the student must be responsible enough to only use the card for these types of purchases.
Some college students can benefit from having a credit card. Others, those who are not responsible, are better off waiting until they graduate and land a full-time job.
This entry was posted on Tuesday, January 27th, 2009 at 4:15 am and is filed under Credit & Debit Cards. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
