Credit cards
College Loan Debt Just Passed Credit Card Debt!
Americans now owe more money on their college loans than they do on credit cards. I just read about that scary reality on The Wall Street Journal’s website. According to Mark Kantrowitz, the financial aid guru over at FinAid and Fastweb, Americans owe about $829.7 billion in student loans. In comparison, consumers owe $826.5 billion […]
9Aug2010 | Lynn | 5 comments | Continued
Why You Don’t Need a Student Credit Card
Beginning this week, it became much harder for college students to obtain a credit card. Many college kids who aren’t 21 yet must get a cosigner to obtain a student credit card. Frankly, I think that’s a good thing. A far better alternative to that first credit card in college is a debit card, which […]
25Feb2010 | Lynn | 1 comment | Continued
College Students and Credit Cards
To make money, some universities are offering up their own students to the credit card industry as sacrificial lambs. Credit card issuers have happily been paying schools for access to their students. Consequently, it’s been common to see credit card marketers at tables stacked with cheap bling on campus quads. They will gladly give students […]
6Jan2009 | Lynn | 2 comments | ContinuedThe College Credit Card Scam
It’s easy for parents to feel financially exploited when they send their kids off to college. The costs of a bachelor’s degree continues to soar far higher than the inflation rate. But what many families hadn’t bargained on is that schools are making packs with the devil, a/k/a credit card companies, to ensure that their […]
24Aug2008 | Lynn | 1 comment | Continued
