Credit card tips for college students
August 15, 2009 by Jennifer Chait
Filed under credit
Illinois Governor Pat Quinn just created a law (that was recently signed in) that’s set up to protect college students from racking up credit card issues early on. The law’s goal is to place more responsibility on credit card issuers when it comes to handing out freebies and extras to college kids.
Even with the new law, the Illinois CPA Society notes that college kids still need to practice smart and responsible credit card ownership, such as…
Do shop around before choosing a card. Look at and compare monthly rates, grace periods, transaction fees, rewards, and penalty charges.
Don’t pay late which will …read more
