Northern Poconos Real Estate News
Building good credit in college is one of the best financial moves students can make. Having good credit allows them to qualify for loans, rental applications, auto insurance, phone plans and can help them get a job.
Being responsible with credit is the best way to establish and improve a credit score. For college students without much credit history, there are small but important steps they can take to build up their score.
Obtaining a Student Credit Card
Some credit cards are marketed to stud...
Building good credit takes time, and it can be a few years before college students or graduates have a good enough credit score to get a credit card or loans at low interest rates.
A student credit card can help as a college student’s first credit card, though it does come with some conditions.
First, a student will have to do more than attend college. They’ll need some type of income, and without any credit history, a card may be difficult to be approved for.
One way to get around this is to g...
