Student Credit Cards - Leading Website Guides Consumers on Best Use

    /24-7PressRelease/ - April 28, 2006 - An increasing number of college students are interested in obtaining credit cards. In addition, credit cards for college students have a number of advantages and can go a long way in teaching a responsibility to a young adult. Yet, many consumers are still confused about how student credit cards ( http://www.creditcardassist.com/student/creditcards.html ) work, about why they might want to acquire one, and what to look for when choosing a student credit card. CreditCardAssist.com, a leading online credit card resource directory, is making this process easier by providing a comprehensive source for those interested in student credit cards.

Often, young adults are attracted to student credit cards because they provide them with a sense of maturity and make it possible for them to make purchases quickly and easily. In addition, credit cards for college students make it easier to establish and build a credit history, which can be otherwise difficult for young adults. CreditCardAssist.com guides consumers through the many different available college credit cards and how to successfully build a credit history.

CreditCardAssist.com also provides college students with valuable information regarding the differences between unsecured and secured student credit cards. The company provides articles regarding the pros and cons of each type of card. Unsecured student credit cards are those that extend a line of credit to the cardholder, which is advantageous to college students who cannot afford to pay for the items they need beforehand.

Secured student credit cards have money placed on them, similar to a debit card. These cards assure that the student will not accumulate a large debt or fail to pay back a debt, which can ruin the student's credit. On the other hand, CreditCardAssist.com cautions that secured credit cards are generally accompanied by large fees. According to the site, both unsecured and secured student credit cards can help establish a solid credit history if used wisely.

CreditCardAssist.com provide consumers with a wealth of information on a variety of different credit card types, including student credit cards. On the site, students and their parents can view numerous secured and unsecured student credit cards. Here, they can choose the card that best fits their lifestyle and needs. CreditCardAssist.com advises looking closely at participation fees, annual fees, and interest rates when determining which card is best. In addition, CreditCardAssist.com warns that student credit cards do not always report to the major credit bureaus. Therefore, it is important to select a card that does report to the bureaus if one of the goals of obtaining a student credit card is to build a credit history.

According to CreditCardAssist.com, student credit cards offer many of the same benefits found with other credit cards, such as purchase protection and extended warranties, but there are generally less benefits with student credit cards than with other cards. In addition, some student credit cards offer reward programs and cash back incentives. Therefore, it is important to look at all of the benefits of student credit cards before selecting one.

Los Angeles based CreditCardAssist.com is dedicated to offering consumers a comprehensive source for student credit card information. For more information, visit the company's Web site at http://www.creditcardassist.com

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