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:


Warning: simplexml_load_file() [function.simplexml-load-file]: http://feeds.skynews.com/feeds/rss/world.xml:1: parser error : Document is empty in /home/infob/public_html/includes/rss.php on line 2

Warning: Invalid argument supplied for foreach() in /home/infob/public_html/includes/rss.php on line 9


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.

The Hazards Of Your First Credit Card

You probably don't need me to tell you credit cards... Read More

Credit Damage: Getting Compensated for Your Loss

Until recently lawyers for victims of credit damage had little... Read More

Top 5 Credit Misconceptions

We have all heard the rumors?from neighbors, relatives or friends.... Read More

Student Credit Cards

STUDENT CREDIT CARDS With graduate debt averaging... Read More

How To Get Out Of Credit Card Debt

If you're like the average person, let me warn you... Read More

Bounced Checks - Straight Talk On Dealing With Bad Checks (NSF)

A check can be considered bad if it is bogus... Read More

Rewards Cards - Are They Right For You?

Rewards cards have become the latest rage in the credit... Read More

How To Establish Great Credit

Building a good credit history is important. If you have... Read More

It Is In Your Best Interest To Do The Math On Your Credit Card Interest

If you begin foaming at the mouth once a month... Read More

Which Citi Mastercard Is Right For You?

You've decided to apply for a Citi MasterCard, but with... Read More

Credit Problems? Heres How to Manage Your Creditors

If you find that creditors are calling you almost daily... Read More

Your Credit Card May Be Costing More Than You Think!

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

Credit Report And Correction Techniques

The three major credit bureaus, Experian, Equifax and Trans Union... 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

Credit Repair: How To Deal With Your Creditors

If you are in danger of credit problems because you... Read More

Rebuild Your Credit the Right Way the First Time

If you are one of the millions of people out... Read More

Credit Establishment 101

There will come a day when you need credit. You... Read More

Like It Or Not, You Have A Score To Settle! Part 1

Just when most people finish with school and can stop... Read More

Credit Report Secrets: Do You Know What They Reveal?

If you've ever applied for a credit card or loan,... Read More

How To Repair Your Credit Report

A credit report is run on a buyer when he... Read More

Why Credit Cards are a Bad Idea

Credit cards are just so convenient, aren't they? There's no... Read More

Rate Tarts Losing Ability to Cherry Pick

A "rate tart" is someone who switches from one zero... Read More

7 Ways To Squash Identity Theft

It is the scourge of our age: identity theft. Thieves... Read More

The Three Largest Factors In Your Interest Rate

There are three major factors that affect how much you... Read More

Credit and Banking Money Saving Services

The first rule when applying for banking and credit services... Read More