Student Credit Card and Credit Education Blog

Monday Rant!

I’ve been reading comments from students, parents, and many others stating that credit cards get you in debt when that could not be further from the truth.

Look gang, credit cards are not the culprit, it is the people using them irresponsibly that are to blame for their own fate.  I guess I’m just sick of the blanket statements made that credit cards are bad.  It’s not fair to those of us who use them responsibly.

Are debit cards bad too?  You could spent more than what is in your account and be hit with overdraft charges.  Bottom line: It’s about being responsible.

I do respect those who say, “I don’t trust myself with a card.”  That at least makes sense to me.  You are not ready and you know it.  I respect that.  But for the others who think credit cards are the devil you really need to educate yourself.  You can either use your card for good or bad.  It can help or hurt you.

For those of you who have already accrued credit card debt you may want to read, “Credit Card Debt Solution,” but for the rest of you who have not yet traveled down that credit road you hold your credit future in your hands – quite literally.