Your Credit Card Is A Good Way Not To Pay For College
June 9th, 2008
Many college students nowadays have a couple of credit cards and, in many cases, three or four credit cards and they would be absolutely lost without them. Now there is certainly nothing wrong with having a credit card and it can be very comforting to know that you have it tucked away in your wallet or purse in case of emergency. However, for most college students an emergency often means a new cell phone, sweater, pair of jeans or a great weekend of partying. Now of course this will push you up to your credit limit quite quickly but that is not a problem as the credit card companies are not usually too bad at raising your limit if your ask and indeed sometimes will simply raise it without you having to ask. And of course if one card gets maxed out and paying it off becomes a problem then you can also use a second card to pay off the first. Sound familiar?
Credit cards can be very useful but when it comes to funding your way through college they are probably the best example of how not to pay for college.
Entry Filed under: Business
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