College Students: Choosing a credit card
College students as a group are always looking for money. Getting a credit card may seem like it's the same as getting money. It's not. However, credit cards are not bad, and certainly not for college students if used wisely. And chosen wisely. Here are some tips to choosing the right card. First and foremost, for any credit card, is the interest rate. Nothing else really matters, as this is the bottom line as to what using it will cost you. Many companies offer several options. College students normally do not need rewards, so choosing the lowest interest rate is a must. You should pay the credit card off in a timely manner. Since many college students cannot pay a large bill off at once, not being charged a substantial amount for interest is a plus if the need arises to maintain a balance. In conjunction with the interest rate are the fees you may be charged. Many will entice you with an easy way of getting a credit card, but then slapping you with a huge upfront yearly f...