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