College Planning Tasks: week of February 25

What to Do About Credit Cards While Attending College

Banks and other student loan companies will be marketing you with credit card offers. Their objective is to get you onto their credit card system so that they have you as a customer for life.

 You will need a cash card for school. Many college-town merchants will not accept checks and you don’t want to carry around cash. But beware! Many students get into big debts with easy use of credit cards.

What Type of Credit Card for School

Pre-paid Cards:
see how to use pre-paid cards to manage and budget your student funds. They work just like credit cards. But they limit your spending by the amount of money you load to the card.

view how they work from MasterCard International