What Ive learned on credit card applications
What's not to love? Why not take your student credit cards on a spending spree right away? Before you put any new student credit cards through their paces, think twice. According to a federal report, the average student in New York state has four credit cards and has $3,173 in credit card debt. That's on top of any tuition debt they may be carrying, and is likely to have an interest rate higher than the national average. It's a heavy load of debt to carry when you're new to the full time workforce and still looking for a job in your field. And it's an easy burden to pick up.