Maintain your old Siemens Hipath system

My Student Credit Card Adventure

And some practical advice too!

My first credit card?

I remember my college days when it seemed there was a credit card advertisement on practically every bulletin board on campus. The banks would travel to the college and set up application booths on registration day. Hundreds of students would apply for a credit card. As an enticement, we were offered freebies like T-shirts, water bottles, and key chains. So I took whatever they were handing out. You can't beat free. The next thing I knew, I had signed on the dotted line. It wasn't long before that little plastic card arrived in the mail. It was time to establish my credit history. I was off to the mall. Life was good!

Stuff happens?

I made my student credit card the solution to all my financial emergencies when I attended college. Needless to say there were plenty of them. There were tuition bills, school supplies, car repairs, and midnight pizzas to pay for. The old saying was true. "When they've got you, they've got you". That little piece of plastic bailed me out of more financial predicaments than I could count. I honestly don't know what I would have done without it. The student credit card "thing" was a pretty cool idea.

My day of reckoning?

The monthly statements arrived one after another. I had been in the habit of making the minimum payment and ignoring the bottom line. Not a good idea. All those credit card purchases left me with a pretty hefty balance. The finance charges were mind-boggling. It was time to take action. I started to allocate more of my monthly income toward my credit card bill and phased out frivolous purchases. My balance actually began to dwindle (Thank God). I developed a better understanding of what credit cards are intended to be. They're certainly not free money! Put simply, they're a convenient loan that has to be repaid.

A word to the wise?

When applying for a credit card, students need to consider the fees involved. Take a hard look at the finance charge, annual fee, and late payment fee. Shy away from cash advances if possible. Consider a low limit credit card. Do a comparison and search for competitive rates. Study your card agreement thoroughly. If you don't understand something, call customer service. Ask questions.

Set up a realistic budget and follow it closely. Avoid impulse shopping on your credit card. Try to use the card only in real emergencies. Try to pay your bill promptly and keep your finance charges to a minimum. This will help you to establish a good credit history.

You may also want to consider using a debit card. The money is deducted right out of your checking account. This way you can't spend more than you have.

Remember to approach credit cards sensibly. When used properly, they can be a real lifesaver!

Don Yacono is a Publisher and Webmaster at Credit Cards Made Easy .com

Visit his website at http://www.credit-cards-made-easy.com to view all the up to the minute credit card and financial news from around the world.

Visit now to apply online for the best low interest credit cards and payday loans.

In The News:

Second victim dies after shooting in Toronto restaurant
Mon, 23 Jul 2018 03:54:00 +0100
Two people are dead and 12 others injured, including a child, after a gunman opened fire outside a restaurant in the Canadian city of Toronto.

Trump to Iran: 'Never, ever threaten' US again
Mon, 23 Jul 2018 04:41:00 +0100
Donald Trump has warned Iran of consequences "the likes of which few throughout history have ever suffered" if it threatens the US.

Ozil quits Germany over 'racism and disrespect'
Sun, 22 Jul 2018 20:58:00 +0100
Mesut Ozil is quitting the German national team citing "racist" criticism after he met Turkey's President Recep Tayyip Erdogan.

Prison guards arrested over torture video
Mon, 23 Jul 2018 11:40:00 +0100
Six prison officers have been detained after footage emerged of an inmate being viciously beaten by a group of guards.

Capturing CO2 from the air: Will it stop shortages?
Mon, 23 Jul 2018 07:37:00 +0100
A Swiss technology company is aiming to help prevent repeats of this summer's Europe-wide CO2 shortage by capturing carbon dioxide directly from the air.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

Why Does Your Credit Card Rate Keep Going Up?

Have your read your credit card contract through completely? Do... Read More

Winning The Credit Game!

Everywhere we go, the word credit can be found, shining... Read More

What To Look For In A Credit Card

When you are deciding what type of credit card to... Read More

What Can Happen to You as a Victim of Identity Theft, Facts & Figure

Is identity theft really that serious? Thousands of people every... Read More

Addressing Bad Credit Card Debt

Spending HabitsSo you've just got your credit card. The first... Read More

Five Debt Negotiation Facts

These five debt negotiation facts along with a few debt... Read More

A Debt Mentality

While working through my own debt situation, and helping others... Read More

5 Ways To Prevent Credit Card Late Fees

Paying a credit card late fee is the same as... Read More

Know Your Credit Card Rights

When you apply for a credit card, the application that... Read More

Taking Control of Your Credit History

Your credit history is important; in fact, in this day... Read More

Credit Card Companies Are Out for Your Money

You're probably thinking "Tell me something I don't know" but... Read More

Discover the Parts of a Credit Report and What They Mean

So you ordered a copy of your credit report to... Read More

Commercial Collections And Credit Granting

It is estimated that billions of dollars in delinquent commercial... Read More

Make Sure Your Credit Report Is Correct to Improve Your Interest Rates And Lower Insurance Premiums

Did you know that you could make sure to get... Read More

Your Consumer Rights

If you have ever fallen behind on your debts you... Read More

What Does Your Credit Say About You?

A credit report is more than just a snapshot of... Read More

ChexSystems: Alternative Options for People Whove Been Checking Accounts

Individual banks elect to become members of ChexSystems, and to... Read More

Your Credit Card May Be Costing More Than You Think!

Do you know what your credit card is truly costing... Read More

How To Use Your Credit Cards Wisely

Are you one of the thousands pulling your hair out... Read More

Identity Theft ? Monitor Your Credit Report

The recent security breach at credit card processor CardSystems Solutions... Read More

Credit Cards Can Help You Get Out Of Debt

Your credit rating / credit score is based upon how... Read More

Why Americans Find Predatory Lending Offensive

"Menis - the author translates as "indignant rage" - It... Read More

Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?

Identity theft is the fastest growing crime according to the... Read More

Credit Cards - A Blessing or a Curse?

Owning a credit card can be quite an advantage. Whether... Read More

Have You Ever Opened a Checking Account?

Maybe some of you are saving it in your trusty... Read More