Want To Know About Credit Cards And How To Build Credit? (New Article!)

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DoctorPardi

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College or Professional School can be a great time to build credit if you know how to do it the right way. In our latest article we describe some techniques for success.

Check it out here:
Credit Cards & College: A Recipe for Success

Here is an excerpt from the article:
Credit cards are a part of most students daily lives but they can be as much a curse as a blessing. Properly managing your credit cards is essential to a healthy financial future.

Building your credit history

It is good to have at least one national card (Visa, MasterCard, Discover) on hand to help you build a positive credit history and to provide security in emergencies. When you decide to apply for a card, compare annual fees, interest rates, and introductory offers. And to keep yourself out of debt, try to do the following:

Pay your balance each month to avoid interest charges
Pay your bill on time to avoid late charges
Avoid cash advances, which come with large finance charges and interest that begins accruing immediately.
Use your credit card once a month to build a good payment history.
Avoid cards that attempt to charge you an annual fee.

Hope you enjoy and thanks for reading!
Brandon Pardi
Editor-in-Chief
SDN Front Page

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