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March 21, 2007
Students: Tell Us Your Credit Card Horror Stories
We've set up a new site over at StudentPIRGs.org to collect complaints (or praises) from college students and other young people about their interactions with credit card companies.
Carrying a credit card is practically a necessity these days for young adults. One-quarter of students report using credit cards to pay for the cost of books and tuition. Students should get the credit they deserve, but they pay more than they bargained for. Irresponsible credit card companies pile the debt on young adults. Students certainly get their share of the 8 billion credit card offers mailed each year. In addition, credit card companies and their hired hand marketing companies also routinely set up tables on college campuses where students are "rewarded" with trinkets for filling out credit card applications that could leave them in "MegaDebt." Tell us your story. Get our six credit card tips for students.
Posted by Ed Mierzwinski at March 21, 2007 07:29 AM
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