Monday, March 1, 2010

Easy Steps When Applying For A Student Credit Card

Students, especially those who are in college, sometimes face financial difficulties due to the rising costs of books, tuition fees and materials for projects. It is really expensive to go to college but education is very important.

For college students who work during summer, student credit cards can be of great help. You can use your credit card to purchase items or pay tuition fees when cash is not readily available.

A helpful tip: The best time to apply for a student credit card is now. Why? A New Credit Card Law is passed and will take effect on February 22, 2010. It does not stop students from getting a credit card, however, it makes student credit card application and approval a bit more difficult.

Applicants who are under 21 years old must have a primary card holder. The New Credit Card Law also prohibits credit card companies from marketing their products on campuses or 1000 feet within any campus and even school-sponsored events.


Read Full Article: Easy Steps When Applying For A Student Credit Card

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