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Credit cards that are given to college students are the type of credit cards that are for someone with no steady income or even a credit history. Beginning early with your credit is a good thing and will of course help you to get a regular credit card in the future.
These cards for college students do have more restrictions and those conditions can be: requiring a co-signer from a parent or guardian when it is applied for, it will usually have a lower credit limit of around $500 to $1,000, the interest rate will be higher and are generally in the 16-18%.
A student card can be used to buy gas or rent a...
College Credit Cards
Posted by admin on Nov 16th, 2009 in Credit, Debt Management, Finance, Investment, Services | 0 comments
Credit cards that are given to college students are the type of credit cards that are for someone with no steady income or even a credit history. Beginning early with your credit is a good thing and will of course help you to get a regular credit card in the future.
These cards for college students do have more restrictions and those conditions can be: requiring a co-signer from a parent or guardian when it is applied for, it will usually have a lower credit limit of around $500 to $1,000, the interest rate will be higher and are generally in the 16-18%.
A student card can be used to buy gas or rent a...