student loan debt: Establishing Credit for Students and Young Adults
- 12/09/13 09:55 AM
No credit can sometimes be as challenging as bad credit. Most young adults have not yet established their credit. As high school seniors are in the decision period for which college to attend and college freshmen are soon to be home for holiday break, this is a great time for parents to have a serious conversation with their young adult kids about establishing credit.
One of the potential pitfalls students face are unsolicited credit card applications. Believe it or not, it is not difficult for a student to obtain a low balance credit card account. Credit card legialtion passed during the Obama … (0 comments)
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student loan debt: New Bank Account Helps Pay Down Student Loan Debt
- 09/14/12 12:02 AM
Struggling to deal with student loan debt? You might be having a hard time finding employment or you might be underemployed despite having a college degree. Either way, you are not alone.
According to a June 2012 American Banker article, in the past five years student loan debt in the U.S. doubled to over $1 trillion and now exceeds credit card debt. At least one company is stepping up to try and help people manage their student loan debt…
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No credit can sometimes be as challenging as bad credit. Most young adults have not yet established their credit. As high school seniors are in the decision period for which college to attend and college freshmen are soon to be home for holiday break, this is a great time for parents to have a serious conversation with their young adult kids about establishing credit.
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