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Funding A College Education: Where To Start
The beginning of the new year marks the time when many high
school students will apply to college and decide where they will
continue their education. For students and parents alike, paying
for a secondary education is a major concern.
About...
Have you been looking for the
most informative
advice
regarding college search help.
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Online College Degrees & Distance Learning
Online and distance degrees are gaining in popularity. Many people find the flexibility offered with distance learning is a huge benefit while trying to juggle the demands of everyday life. Many traditional college institutions are now offering...
Preparing For College?
To a high school senior, your last year in high school flies by. Overnight you find yourself faced with many adult decisions that once seemed so far away. With senior proms, skip days, senior trips, senior romances, and graduation; it is hard to...
Top College Football plays for the week
1) Okay, 59 can still be had at -115 at matchbook, the exchange backed by WSEX.
Went ahead and grabbed it up. Both these defenses looked stronger past the 1st quarter of their repective games last week.
Michigan is a lot more physical than...
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What Sets A College Student Credit Card Apart From Other Credit Cards
With college student credit card that today, most parents
contend that it is okay to let college students obtain their
very own credit card. Not only because they want to let their
kids manage their finances alone but also because having credit
cards or a credit history for that matter is extremely important.
With the advent of credit cards, most people would always be
looking into someone's credit history before they can approve
anything.
They even insist that without a credit history, people tend to
become a total outcast in the society, someone who is not worthy
to enjoy anything and everything without a credit history. That
is why most college students would struggle just to get one.
But what makes the college student credit card different from
the other credit card? Why is it that it is highly classified as
"student credit card," and not just any credit cards for that
matter?
Basically, college student credit cards do not make such big
difference as compared to the other types of credit cards.
However, because it is a student credit card, the benefits
stated therein are completely focused on providing the student's
their basic needs.
Moreover, college student credit card are entitled to lower
interest rates especially for students who have good grades.
They can negotiate their interest
rates for a lower rate
provided that they pay their balance dues on time and that they
maintain good grades.
On the other hand, student's credit cards are actually secured
credit cards. But the difference that sets the students credit
card apart from the other credit cards is that their parents can
set the credit limit.
Also, parents can let their child's credit card to hook up with
them so that they can keep track on their child's credit
transactions.
Another thing that sets the college student credit card apart
from the other credit cards is that the student credit cards are
mainly focused on and quoted for students only considering the
fact that they have limited credit history.
Normally, college student credit cards have no annual fees and
have credit limits that are only set to $500. And according to
some surveys of financial institutions, the average student
credit card annual percentage rate is 17.66% for purchases and
19.67% for cash advances.
So, even if student credit cards are different from the other
credit cards because of its considerable interest rates, it is
still a credit card. Thus, students must really be responsible
in handling them; otherwise, they are bound to suffer bad credit
history in the end.
About the author:
http://www.credit-card-magazine.com
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