Best credit cards and much more
College students are typically bombarded on campus with offers for student credit cards. Before deciding on one of the many lenders who issue student credit cards, be sure to research the various companies to learn the advantages and disadvantages of each one; reviewing the agreement terms is a good place to start. Also, parent and student should look for the APR (annual percentage rate), determine whether there is an annual fee for using a particular card, a fee for transferring balances, whether that lender requires a cosigner, and how much the student can afford to pay each month toward the card balance. Another huge benefit of student credit cards is that they offer protection when making purchases online. It is really essential now to have this type of purchase protection as so many transactions are made electronically.