Establishing Credit History

rimag
Thu, 10 Jun 2010 10:15:48 +0000

You are definitely taking the right approach by shopping around for credit card providers. You may want to start with your local bank or credit union. Terms vary widely, and parents and students need to clearly understand terms. A new Federal law recently went into effect which puts some strong controls on what credit card companies are able to do in regard to marketing to college students. The new laws are very favorable to parents concerned about their student’s credit card use.