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Credit Cards Club - Credit Card Reviews and Rating

by ashokeban on Aug 21, 2009

As a college student getting by financially is a verytough thing to do ,especially these days with all of the new stringentlaws that are being enforced by credit card companies, but if you arelucky enough to get approved for one, they can really be used to youradvantage if you know some very basic tips. One tip for that allstudents when they are shopping for a card is to make sure they buy onethat has the lowest annual percentage rate possible (APR). Just becausea credit company offers you a premium introductory rate that is lowerthen the other it does not mean they are the best deal for you becausethey can nail you in the long run with a high annual percentage ratewhich will drain your wallet dry in the long term. Another thing tolook for in a credit card is to make sure that you can find one thathas a very low annual fee or no annual fee at all. An annual fee iswhat the credit companies will charge you yearly to use their card ,whether you make 100 transactions or none at all...Read More >>



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Advice for Young Graduates with Debt Problems

by martinlobo

A study in 2009 revealed that only 2% of undergraduates had no credit history (source: www.creditcards.com). This means 98 out of every 100 students leaving college with a graduate degree also walk out with loads of debt. Figures suggest that while the salary for a fresh graduate is $30,000 on average, the average college student carries more than $20,000 in debt at the time of graduation! Imagine $20K in debt in your twenties! Two out of every three dollars a youngster earns will be spent on repayment. More shocking is the fact that most of these 98% do not seek any debt problem advice,...

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