Source for credit cards
Products 
Free
StuffSite
Map 
|
Source for credit cards
Products Free
StuffSite
Map
|
|
Basics of Credit Card
 Credit card processingBest credit cardsCredit cards banksBusiness credit cardsTeen credit cardsSmall Business credit cardsInstant Approval Credit CardCredit Card Types
Types of credit cardsSecured credit cardsUnsecured credit cardsStudent credit cardsPrepaid credit cardsCash back credit cardsVisa credit card applicationsVirtual credit cardCredit Card Issues
Credit card fraudCredit cards for bad creditCredit card debtHidden Costs In Credit CardsCredit CounselingDebt ConsolidationCredit Card Late FeesIdentity TheftInfo On Credit Card
Free credit cardsCredit cards with rewardImportant credit card infoAirline credit cardsInternet credit CardCredit cards balance transferStudent Credit Card GuideLow Interest Credit CardsCredit Card Number GeneratorFree Newsletter
Stay updated, sign up for our free newsletter to receive useful tips
*Full Name *Email Id   
|
|
Campus Credit Card Debt on the Rise In the United States the ease with which college students can obtain credit cards has more and more young people buried in debt before they ever leave the college campus. In part the attraction of these credit offers can be attributed to rising tuition levels which leaves students without the funds for other necessary expenditures like food and books. Increasingly they are turning to credit cards to fill the gap. The last year that statistics were available to track this growing problem was 2004. At that time it was estimated that three out of four college students in the United States had a credit card and more than forty percent actually had a minimum of four cards. The average credit card debt for a freshman student was $1,585 and for a senior $2,864. College students are an especially good market for the credit card companies. Most are financially inexperienced and have a tendency not to treat their cards as "real" money. Typically college credit cardholders exceed their credit limit and make only minimum payments - all of which represents a profit potential for the credit card company. In addition to the financial benefit, card companies find that their college marketing programs achieve a high degree of branding. Student card holder, in spite of their high credit card balances, typically display long-term loyalty to the company that approved their first credit card. Several states, however, have enacted or are considering laws to protect college students from the company's aggressive marketing tactics. These laws include measures that range from prohibiting card company representatives from entering campuses to allowing them to do nothing more but hand out printed information. More Details... |
|
|
|||||||||
Home |  |  | Privacy Policy | Disclaimer |  | Copyrights | Contact Us |
