Paying for College

Seven Smart Ways for Students to Build Credit

A recent story by USA Today found the Credit CARD Act of 2009 is cutting down on card companies cashing in on college students. Cards issued through universities and alumni associations dropped by 17 percent in 2010. This benefits student spendaholics, but a lack of credit history is an obstacle for upcoming grads ready to finance a new car or upgrade their furniture.

I thought I would bring up this topic in light of all of you out there who will be entering your freshman college year in another month or so. Once you hit campus, you'll be solicited for credit cards. In fact, you may already have a credit card, even as a rising college student. Just like your GPA, which began accumulating in 9th grade, your credit history will begin forming as soon as you start using any kind of credit or credit card.

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