01.14.10 | Need to boost your credit score?
When you graduate from college you will be faced with the need for something that they do not give you with your diploma; a good credit score. A good credit score is required in a variety of different situations. You need a good credit score to buy a house or rent an apartment, buy or lease a car, and maybe even to get a job.
Luckily, there are things you can do now to boost your credit score so that you have a credit base established when you graduate. To some of you it may sound silly, but the best thing you can do to establish credit is apply for a credit card. Applying for a student credit card with a low credit limit can help you build a credit history while learning how to be financially responsible.
Too many people consider credit cards to be synonymous with debt. However, this is not the case. It is totally possible to have a credit card and carry a balance of zero from month to month. First, you should apply for a credit card with a low credit limit. Then, once you have the card, you should put a few purchases on in and pay it off at the end of every month.
If you do this you will be able to build credit slowly without digging yourself into debt. This will make things a whole lot easier when you want to make a big life change after graduation. How do you know you are picking the right credit card? We have put together a list of some of the best credit cards for students. Check this list out to compare credit card interest rates, credit limits, and other benefits!
ScholarshipPoints Bonus Code: CREDITBOOST
The Student Credit Blog is sponsored in part by:
Credit card can be helpful to establish credit. Paying off the balance makes it even more helpful.
February 11th, 2010 | #
I think I have pretty decent credit because i have had a credit card for a long time and i have had utilities under my name as well
February 11th, 2010 | #
Great article, super helpful
February 8th, 2010 | #
Great article, super helpful.
February 8th, 2010 | #
a good credit score is good but be careful because sometimes to tend to overspend more than you make
February 8th, 2010 | #
that is very true great article thanks!
February 5th, 2010 | #
This is really good information! Def. something we could all use!!!
February 4th, 2010 | #
this is so true..this month i will be getting my 1st student visa card and my limit is only 1,000. which is a really good amount.
February 4th, 2010 | #
good info
February 2nd, 2010 | #
Great artical. Good information.
February 2nd, 2010 | #
Very informative. Great article!
February 2nd, 2010 | #
I think this is a great idea for students to start getting a good credit history and for students to have the opportunity to have low interest on credit cards.
February 2nd, 2010 | #
Great article… When it comes to credit cards there is nothing but bad credit and debt in your future.
February 1st, 2010 | #
Awesome article! I have always thought of bad debt when thinking of credit cards and so I was not really planning on getting one. Now, however, I see that you need to build good credit for when you want to buy things like a house.
January 29th, 2010 | #
Someone asked if it was good or bad to have a credit card but not use it. If you want to build credit, you have to make purchases and make regular payments. Even though it doesn’t make any sense – if you pay off the whole thing every month, it does NOT necessarily show as good credit. They want you to leave some charges on it and pay it off slowly. My daughter just tried to get a car loan & because the co-signer with a perfect score of 800 had never carried a balance on her credit cards, they denied the loan. It a huge Catch 22. Get a low balance card and use it carefully.
January 29th, 2010 | #
this sounds really interesting, good article.
January 29th, 2010 | #
Great article.
January 28th, 2010 | #
I don’t think I will find credit cards useful. Too much potential for debt
January 28th, 2010 | #
Just dont rely on them, but dont forget about them either.
January 28th, 2010 | #
Great info! I will look into geting a student credit card. That is a good idea.
January 27th, 2010 | #
I only have a debit, I don’t really need a credit card.
January 27th, 2010 | #
I have a credit card and they’re fine if you have self control.
January 27th, 2010 | #
Credit cards good for so many thing, butt know what you are doing(use your haed)
January 25th, 2010 | #
what if you get a credit card, but never put any purchases on it? is that good or bad?
January 25th, 2010 | #
Great article but be careful of credit card debt. Make sure to research all your options out and not make a hasty decision.
January 24th, 2010 | #
I agree with applying and building a high FICA score (Credit). I also know that it is imperative to have financial discipline, understanding and a financial vision. I just recently returned back to school meaning, I may be a little elder than the average submission. I say that to say, “I wish I would have been educated on credit as a teenager or young adult”. The article is very true. I’m repairing! It is not a game!
January 22nd, 2010 | #
Credit cards scare me. I hope I am responsible enough.
January 22nd, 2010 | #
I don’t need any credit cards. I would probably go over. But good article, advice, and information.
January 22nd, 2010 | #
Credit cards are convenient, but you really shouldn’t buy anything worth more than what you already have in your pocket.
January 21st, 2010 | #
I’VE YET TO GET A CREDIT CARD,BUT THE INFORMATION THAT I HAVE RED COULD COME IN GOOD HAND…THANKS FOR THE INFO
January 21st, 2010 | #
when you buy something wait a month then pay it off. stay on top of your payments. get a small personal loan, save it for a little while, then start paying the balance of the loan with the money you saved. easy as pie
January 21st, 2010 | #
this was inteesting to read I learned a great deal from it
January 20th, 2010 | #
This was a very informitive web site I learned from it.
January 20th, 2010 | #
everyone needs credit cards to buy homes or get anywhere in life.
January 20th, 2010 | #
I’ve always avoided credit cards… Hmm, maybe I should rethink my options?
January 20th, 2010 | #
Having a credit card is a good way to learn how to manage your money, or at least that’s what I think.
January 20th, 2010 | #
That’s a great idea, but you can’t start building credit till you get a job right? That’s what I’ve been told…
January 19th, 2010 | #
good article. I don’t have any credit cards. I might go over my limit!
January 19th, 2010 | #
think it is a great idea to begin applying for e credit card with a low credit limit as soon as one is ending their senior year
January 19th, 2010 | #
Great article but you really need to be careful with credit cards.
January 19th, 2010 | #
I have a credit card myself for when I go off to college this fall and I think that it is very useful but not alwasys. It can get you in alot of trouble at times. It is also really good to get an account with a bank to help seniors graduating fro highschool be more responsible.
January 18th, 2010 | #
It’s a good thing I don’t even own a credit card.
January 18th, 2010 | #
good article. but you also need to be careful
January 18th, 2010 | #
Good article. Be careful with credit cards. Buy only what you can afford.
January 18th, 2010 | #
credit cards can be useful only when its for emergencies!
January 17th, 2010 | #
great article. im so glad i got to read it. be careful with credit cards!
January 17th, 2010 | #
People should try there best not to go overboard on their credit card debts but this credit card deal is good for many people that cannot live without credit cards! Remember people get credit cards with low credit limit!!! Like the article cool!!
January 17th, 2010 | #
#1 Rule – self-control
January 17th, 2010 | #
great article, just don’t spend to much on the credit card, stay focus I think.
January 17th, 2010 | #
I think this article is very beneficial to my future because it clarifies the next step after I finished college.
January 17th, 2010 | #
I think that if you have discipline with credit then it is a good idea. It is easy, however, to get carried away.
January 16th, 2010 | #
great information, which should be helpful in the coming months.
January 16th, 2010 | #
I think applying for a credit card is a great idea as long as your capable of not going overboard.
January 16th, 2010 | #
This article helps raise awareness of something that is very real and can later on make or break somebody’s financial status. I’m glad i was able to read this, and hopefully i will be able to establish good credit with this advice
January 15th, 2010 | #
If you want to get a credit card get a prepay credit card so there is no way to go over because how much ever you put on your card is what you only have to pay and you will not get over charged and that leaves you to be in debt!
January 15th, 2010 | #
Credit cards are evil!
January 15th, 2010 | #
good article. but still be careful!
January 15th, 2010 | #
i dont have a credit card yet but this information was useful in how to avoid debt in the future.
January 15th, 2010 | #
I’ve yet to get a credit card, but this was very useful information. Thank you!
January 15th, 2010 | #
Credit cards can be good. Just make sure you don’t go overboard!!
January 14th, 2010 | #
Credit cards can be good. Just make sure you don’t go overboard!!!
January 14th, 2010 | #
I think it is a great idea to begin applying for e credit card with a low credit limit as soon as one is ending their senior year. Great article! Thanks!
January 14th, 2010 | #