| So, you're a student attending college, | | | | late payments etc are viewed rather |
| and you've been tempted by the idea of | | | | seriously. So, it is absolutely vital |
| credit cards. Nothing unusual there, | | | | that you make at least the minimum |
| most of us from all walks of life have | | | | payment every month. Even better, if you |
| the same temptation. The difference for | | | | could manage to pay a bit more than the |
| you the student is, as you're just | | | | minimum each month then that would stand |
| starting out, the way you deal with | | | | your account in very good order. |
| credit now can affect you in many ways, | | | | As it's your first credit card, you will |
| for a long time into the future. In | | | | probably be paying a high rate of |
| years to come you may need a mortgage, a | | | | interest. This is why it's important to |
| car, etc, and establishing a good credit | | | | use your credit card wisely. Once you |
| record now will be very useful. These | | | | are viewed as a responsible user of |
| days your credit history can even affect | | | | credit, you should be offered credit |
| the way potential employers look at you. | | | | cards with much lower interest rates. |
| For a lot of young people getting a | | | | Also, further down the line you will be |
| credit card when they have no credit | | | | able to attain better deals from the |
| history is nigh on impossible, but | | | | aforementioned mortgage companies, loan |
| fortunately college students are in a | | | | companies, etc. |
| better position. They are seen as less | | | | If you take liberties and misuse your |
| of a risk by the credit card companies | | | | credit during your college years, then |
| than certain other groups of youngsters, | | | | you could well live to regret it. Never |
| and so are more likely to be offered a | | | | mind the scary tales of students getting |
| card. Using this first credit card | | | | into trouble with credit cards, if you |
| responsibly is extremely important. | | | | have some common sense and a bit of self |
| The reason you have to be careful is | | | | control you should definitely get |
| that your use of the student credit card | | | | yourself a credit card and start |
| is monitored very closely by the issuing | | | | building that credit. |
| company and the credit bureaus, and | | | | All rights reserved. This article may be |
| because you don't yet have a good credit | | | | reprinted as long as the content remains |
| history behind you, any slip-ups like | | | | unchanged and any links remain active. |