Credit Card Tips for College Freshman

Reuters has published a credit card advice article for college freshman. It is very common for those who leave home for the first time to need some extra money. Therefore, credit card companies go after the college student market, attempting to lure cardholders with extra incentives in hopes that they may become lifelong customers. But college students should practice sound personal finance judgment when it comes time to deciding on a card and using it.

Linda Stern in Washington writes:

And after a few years, in fact, the average new college graduate holds more than 6 credit cards and owes close to $3,000 on them, according to Credit.com, a credit education and marketing firm.

Read more: Credit card 101 for college freshmen

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