Join me and explore credit cards
Credit card companies target college campuses, courting students with freebies and attractive promotional offers that might not be so attractive six months down the line. They're wildly successful: A study done in New York state found that the average student left school with four credit cards and over three thousand dollars in debt. How can you protect your own daughter or son from falling into the same trap? * Teach them to be suspicious of appeals to their vanity. Student credit cards make students feel like they're important by claiming that their offers are exclusive, for only the most select customers, or best of all, "a special offer just for you. " The select customers consist of 19,000 of the 20,000 students on campus (and the credit card company would have sent offers to the other thousand if it just had their addresses), but most new customers wouldn't realize that without being told.