Articles by Samantha Wilson on ArticleSnatch.com

Is it Helpful to Get a Student Credit Card after Bankruptcy?

Wed, 16 Dec 2009 03:05:48 -0500

If we take a look at the statistics, it’s clear to see that many students in the past and recent years faced bad credit and filed for bankruptcy. A bankruptcy is definitely not the best thing to happen to anyone. We all want to stay away from bankruptcy as much as possible. But when confronted with this situation, there’s no other way but to deal with it. The good news is, bankruptcy isn’t the end of all your dreams. Even as a student, you can still regain what you’ve lost, rebuild your damaged credit history and move on with a new life. It’s good to know that credit card companies realize the value of customers in bankruptcy and that they have made special provisions for these people. Secured credit cards for students After bankruptcy, it’s time to make a move towards improvement. Secured credit cards are great tools for establishing credit history and improving bad credit. As a student who has been through bankruptcy, you may feel that you can never be approved for another credit card again. But that isn’t true. Secured credit card companies grant approval even for those who has been through bankruptcy. **End Summary** Topics: Student Credit Card after Bankruptcy]]> Secured Credit Cards]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Help Students Stay Away from Student Credit Card Debt

Mon, 07 Dec 2009 07:54:06 -0500

As a college student, you may agree that life is not easy all the time. Aside from the challenges of dealing with peers and professors, passing exams, and keeping up with the daily school activities, financial issues can also add to the pressure. Many college students today find themselves confronted with the burden of debt on their shoulders. According to surveys, students with bad credit all have one thing in common – unpaid student credit card debt. According to the Consolidated Credit Counseling Services Inc. 40% of college students get at least one student credit card on their freshmen year, while 20% apply for student credit cards while they’re in still high school. True, getting approved for a student credit card is fairly easy and owning a student credit card does have its advantages. Unfortunately, most students with credit cards don’t know how to handle their student credit cards correctly. A study conducted by Nellie Mae, a leading student loan lending company, reveals that in 2001, 83% of undergraduate students own a credit card- each with existing balances that amount to $2,327 on average. **End Summary** Topics: Student Credit Card Debt]]> student loan]]> student credit cards]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

The Difference between Federal Loans and Private Student Loans

Mon, 16 Nov 2009 08:45:30 -0500

In choosing between Federal or Private Student Loans, many are left clueless. With this article, let’s check on the advantages and disadvantages of both types of student loans to help you better decide which one to obtain. What are Federal Student Loans? Federal loans are student loans provided by the government that aims to help young people finish a college degree with available financial support. Federal loans have lower interest rates compared to Private student loans along with other benefits. For instance, Federal student loans give students the option to postpone their payments at a later time as well as longer repayment terms than regular loans. The Perkins Loan, Stafford Loan and the Federal Plus Loans are the three major types of federal loans today. The Perkins loan imposes only 5% of interest for both undergraduate and graduate students who pass the requirement for this loan. Applicants for this loan must be US citizens or US resident, is enrolled to an eligible school, has satisfactory academic grades, no unresolved defaults, and has satisfactorily completed all Selective Service requirements. The Stafford Loan offers a 6.8% interest rate and is divided into two categories- subsidized and unsubsidized loans. **End Summary** Topics: student loans]]> loans for college student]]> private loans]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Top 10 Best Things About Student Credit Cards

Tue, 10 Nov 2009 09:38:07 -0500

When choosing the best student credit card, there are many choices in the market but what are the things you should look for? Here are some tips on how to find the best student credit card for college students: 1. Low Interest Rates This is important not only for student credit cards but even for regular credit cards as well. A reasonable interest rate will save you from acquiring too much debt mainly because of the interest you’re paying. If you intend to carry a balance for the next month, a low interest will be a huge advantage. 2. Reasonable Credit Limit You don’t necessarily need a student credit card with very high credit line. It’s best to choose a student credit card that is within your range of budget as well. Don’t forget not to maximize the use of your credit. Use your credit cards only when absolutely necessary. 3. Sufficient Grace Periods A grace period is the length of time a student credit card holder is given before incurring an interest rate in his account. **End Summary** Topics: Best Student Credit Cards]]> Student Credit Cards]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Experiencing Student Credit Card - How is it?

Wed, 04 Nov 2009 07:41:57 -0500

How beneficial are credit cards for students? Are these just tools for purchasing books and school supplies or is there more to student credit cards? If you’re a student, how can you make sure that you will not experience bad credit problem from college credit cards? Ask yourself, how do you use your student credit cards? Let’s discuss the basic principles that students must remember about credit cards: The Right Information Before applying for a student credit card, take the initiative to learn as much as you can about them. Understand the factors you should consider when choosing the right student credit card for you. Do not just apply for the first student credit card offer you see. Many articles online are valuable in helping you make the right choice. Student credit card reviews are also helpful in making an informed decision on which student credit card you’ll choose. You and Your Personal Credit One of the best things about credit cards for students is that it allows a person to establish an early credit history. But do you know how your credit score is calculated? **End Summary** Topics: Student Credit Card]]> Credit Cards for Students]]> good credit]]> ]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Using Student Credit Cards Wisely

Thu, 01 Oct 2009 08:04:20 -0400

The mere thought of providing their children with credit cards may intimidate some parents. And why not! With the many cases of credit card debt, particularly among young people, parents have every reason to be doubtful. However, while it is true that uncontrolled credit card use can bring pain and trouble, it is a fact that owning a student credit card also has its advantages. Clearly, whether or not credit cards for students are beneficial depends on how students handle them. If youâ€'re a parent, you can play a big role in helping your child learn how to use a credit card wisely. In this article, letâ€'s discuss the ways on how you can help students benefit from a student credit card. Help them choose wisely. Yes, it all starts with making the right choice. Many young people make the mistake of signing up for the first credit card offer they receive just because it seems likeâ€ a great deal! However, not all credit cards offer a great deal and if they wonâ€'t do their research, students can easily end up with the wrong credit card. Help your kids explore their options. Let them check out credit card review websites. **End Summary** Topics: college credit cards]]> good credit]]> Student Credit Cards]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Avoiding Mistakes by Choosing the Right Student Credit Card

Thu, 13 Aug 2009 05:22:10 -0400

For students who are applying for a student credit card for the first time, this article was made for you. Below are the most common mistakes that students make when getting a student credit card. Avoid these mistakes and save yourself from trouble: Applying for the wrong student credit card. There are many credit cards for students in the market but now all of them is right for you. Pick a student credit card that matches your needs. Ask yourself, how do you plan to manage your payment? Do you intend to pay off your monthly balances IN FULL? If so, you may consider a student credit card with rewards so you can get enjoy bonuses and perks. Meanwhile, if you need to carry over your balance each month, then you should go with a student credit card with the lowest APR. Getting a credit card with exclusive affiliations. There are student rewards credit cards that offer huge bonuses and discounts but only for qualifying purchasesâ€™. That means you only get points for purchases made from selected shops and establishments. **End Summary** Topics: Building Student Credit]]> Student Credit Card]]> Student Credit]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Build a Good Credit History in an easy way

Wed, 17 Jun 2009 00:00:00 -0400

Everything that has to do with credit and lenders are reflected in oneâ€™s credit report. Based on your credit report, your lenders would be making decisions on whether to grant you the credit you need, to give you better rates or decline your application. Employers and landlords would also be judging your credit worthiness based upon what they see from your credit report. Thereâ€™s no denying that people need a good credit history to function better in the society. Here are 5 effective ways in building a good credit history: Go for low interest credit cards. People need to own a credit card at one point or another. However, not everyone is diligent enough to find the credit card with the best deal. In fact, most credit card holders got their card without even doing research or understanding the rates and terms involved. There are hundreds of credit card choices in the market and not all offer a good deal. If you want to find a low interest credit card with reasonable terms and costs, do your homework. Examine the credit card terms and conditions to be able to compare each one more accurately. Watch your credit card use closely. **End Summary** Topics: Good Credit History]]> Build a Good Credit History]]> Student Credit Cards]]> College Student Credit Card]]> Credit Cards for College Students]]> Credit Cards]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Tips when co-signing for a College Student's Credit Card

Wed, 03 Jun 2009 00:00:00 -0400

When co-signing for a college studentâ€™s credit card, what important pointers should you remember? In this article, letâ€™s discuss some tips for those who are planning to co-sign for a friend, a child, or a relative. How Co-signing Can Affect Your Credit Score By agreeing to co-sign for a student credit card, you accept the accountability of repayment in case the student defaults or fails to keep up with his/her payments. As a co-signer, how the student credit card holder handles his/her account can also affect your own credit history. Consequently, if the student is frequently late in submitting payments to his student credit card or if he/she has incurred an exceptionally large balance in her account, your own credit score can also drop by a few points. To protect yourself from that possibility, itâ€™s important to that you also receive updates of the student credit card you co-signed for. The student credit card company must send you notices regularly, especially if the student has been late with his/her recent payment. If you do not receive any notices from the credit card company, take the initiative to call the issuer and ask for an updated report. **End Summary** Topics: Student Credit Cards]]> Co-signing Student Credit Cards]]> College Student Credit Card]]> Credit Cards for College Students]]> Credit Cards for Students]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Things You Should Know in Applying Student Credit Cards

Wed, 20 May 2009 00:00:00 -0400

Having a student credit card can be an efficient tool for college students especially for emergency school expenses. But applying for a student credit card can be a challenge for first time credit card holders. Many students have been prone to sign up in a rush especially if the offer is too enticing to resist. Some students have found themselves with a student credit card company that does not give great service at all. In this article, let us discuss some tips you should remember about credit card applications for college students: Study your choices. Before you go and submit a credit card application online, make sure that it is the student credit card you seriously want to own. Donâ€™t get easily lured just because a student credit card has a low introductory offer or rewards. Take your time in studying the different factors about the student credit card including the APR, penalty costs, annual fees, the grace period, and other terms and conditions. Compare each student credit card not just based on its best features but based on all the things it has to offer. Check out credit card reviews online. **End Summary** Topics: Student Credit Cards]]> Student Credit Card]]> apply for student credit cards]]> Student Credit Cards Tips]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com

Automated Lunch Payments Using Student Credit Cards

Fri, 08 May 2009 00:00:00 -0400

Since credit cards have first been introduced in the market, people have become very particular about convenience, ease and speedy credit card transactions. Today, the cashless payment system is also being introduced in elementary schools, high schools and colleges across the United States. How does this new system work? Instead of the old fashioned mode of lunch payment systems- where students fall in line to reach the cash register and fumble for cash from their wallets or pockets to pay for their food, students simply have their fingerprints scanned and easily check out with their lunch trays. Using biometric fingerprint scanners, their food purchases are automatically debited from their personal student accounts. Other schools use credit card readers, bar-code readers and other devices, just like the ones used in department stores and groceries in handling lunch payments. According to the May 2007 survey conducted by the School Nutrition Association,- a non-profit group that represents 55,000 school lunch providers in the US, 62% of 1, 200 nutrition directors reported that theyâ€™re already using the automated lunch payment system or a variation of the system. **End Summary** Topics: automated payment system]]> student credit cards]]> apply for student credit cards]]> Automated lunch payments]]> Cashless Lunch Payments]]>]]> About the Author: ]]> Samantha Wilson is a consultant for credit cards for students. For years she has written student credit cards articles that would help build student credit. For more info, visit: http://www.buildingcreditforstudents.com