Three Simple Truths About Student Credit Cards For The Financially-Challenged Student
There are some truths about student credit cards that a self-supporting student applying for a credit card should know about. It is important to know what these credit card benefits are so that as a student, one may be able to enjoy and maximize these benefits to their fullest.
1. Credit Card Bonuses- student credit cards have bonuses. These bonuses come in the form of rebates, cash-back on purchases made on daily commodities such as food, grocery, and gas. These are truly beneficial for students who pay their debts on time, allowing them to get rebates on some items charged.
2. Credit Scores- Credit scores are important. Credit scores are credit scoring system done by FICO to determine a consumer's ability to pay back any debts made. There are five criteria which affect credit scores, and these are the credit holder's payment history, the amounts owed to credit companies, length of credit history, application or acquisition of new credit lines, and the overall mix of credit types. When a student is applying for new credit lines, loans and other credit cards, credit scores are reviewed by credit companies before credit application is granted. The higher the credit score, the more chances that new credits will be extended by the credit company.
3. APRs- APRs are the annual percentage interest rate of the credit cards. This is how much interest you pay for every charges you make using the card. There are credit cards that offer 0 APR for the first year, or credit cards that charges you with nothing into the first year. The lower the APR, the better.
Related Tags: credit cards, student credit cards, student credit card, guide to credit cards, credit for students
JB Anthony is the co-webmaster and co-promoter of http://www.dnapaternityguide.com To have more of your DNA Paternity Testing questions answered, order your home DNA test kits, link to ISO accredited DNA Test Laboratories, please log on to http://www.dnapaternityguide.com Your Article Search Directory : Find in Articles
Recent articles in this category:
- What's In Your Credit Report?
IdentificationYour name, address, social security number, birthdate and previous and current employm - Pros And Cons Of Low Purchase Rate Credit Cards
Low interest credit cards are outstanding until the time period runs out. Most of these offers promo - Bad Credit Loan Scams
There are several bad credit loan scams out there. These are usually aimed at those that don't have - Successful Credit Repair Methods
If you bad credit, you are not alone. Fact of the matter is there are tens of thousands in the count - Auto Loans Bad Credit: Bad Credit Is Not An Obstacle Now
Now a days, people want their own Cars. Though there are Public Transport Systems, they do not watch - Credit Card Services For Your Business
Co Branded Credit cards can be very beneficial for you if you have a business. These cards are onlin - Will The Actual Natural Motion Endure Large Food? -- Horizon Milk
The natural food business may be going through major work day in energy in the past 10 years. Becaus - Prices Of Dlp Lamp Alternative Parts - Dlp Bulbs
Since you will have to purchase a DLP> lamp each and every few years, it might be useful to know the - Dlp Bulbs -- Facts About Dlp Lamp Replacement
With regards to technical breakthroughs there aren't many things that are more popular than tvs and - Ways Which Anybody May Restore Their Very Own Credit Rating Easily - Credit Repair For Dummies
If you listen to a lot of the actual ads which are available regarding credit>, more than likely you
Most viewed articles in this category:
- Credit - Repair
To make the life more comfortable people purchase lots of things from clothing to cars and homes tha - Helpful Tips For Using Low Interest Rate Credit Cards
People with good credit ratings often receive offers for low interest rate credit cards. A credit ca - Benefits to Businesses Accepting Credit Cards
Many business owners report a sharp increase in profit when they begin accepting credit cards as a m - How To Remove A Bankruptcy From Your Credit Report
Credit report repair can be a long, tedious process and one of the hardest items to get removed is a - Putting Low Interest Rate Credit Cards To Work
If you have a solid credit rating, then you may receive offers for low interest rate credit cards. Y - Buying A Car With A Personal Contract Purchase Loan
If you are looking to buy a car but are unsure whether or not a new car is worthwhile, then you shou - Credit Repair - Tips And Tricks That Work
When you apply for credit, your lender will request a credit report from a credit reporting agency. - Bad Credit Debt Consolidation
No doubt there are numerous bad credit personal loans but hunting for a secured loan for bad credit - Before You Buy
Check out the market in the area you want to buy. Find out what price houses are going for and - Top 10 Keys To Creating A Good Credit Score
We know it can be unfair but credit is used for everything these days. Utility companies are even us