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  Attending college is a tool that people use in order to attain a better life; however this becomes extremely difficult when they are buried under a huge pile of debt and unable to get a job. When you are unable to get a job, paying bills and paying off the debt becomes impossible. Unfortunately credit card debt leads to bad credit and not being able to find a job is not that only difficulty that you will face. Bad credit affects three major areas job opportunity, housing and future savings. Today many employers will review potential employee’s credit report because it tells them a lot more then just a number. I poor credit score makes you seem irresponsible, financially immature and not the kind of person that can be trusted. Although basing a decision on a mistake made when a person was young and lacked the proper understanding is not exactly fair that is what employers are looking at. With the number of people that go to college and have exemplary resumes, they want the absolute best candidate that they know they can trust and will be the best for the company. This seems to ring true when trying to take out a mortgage or a loan. Lenders can afford to be picky and want the best. They are not going to lend $300,000 to someone how can not even pay an electrical bill every month for just a couple hundred. The last place that it affects is your future savings. You have to pay interest on debt that is owed. This means that you have to continue to pay even more money. This is a fair reason to keep paying your bills on time. One's credit score is not necessarily based on the spending limit of their credit card. There are a few factors that go into compiling a credit score. 35% of it is based on an individual's payment history, which means how they deal with their credit, regardless of how much or how little it is. 30% of it is made up of how much a person owes. The money you owe is regarded with a "usage ratio, so if your limit is $100 and you owe $90, that does not necessarily look any better than if your limit is $1,000,000 and you owe $900,000. (You want to try and keep your available credit below 50%). About 15% of a person's credit score is based on the length of their credit history. This is why someone who has just recently gotten a credit card could have a lower credit score than someone else, even though they obviously would not have been late with any payments. So, all in all, the spending limit of a credit card is not what you should be looking at when you are trying to build a good credit score. The things to do are to: get payments in on time and keep the amount that you owe low in proportion to your limit.   This article describes why one should not risk getting a credit card while in college. Statistics show that seventy- eight percent of undergraduate students that posses a credit card have an average debt of $2,748. Due to high debt, many students have to work and go to school part time or drop out of school all together to pay off their credit card debt. In most instances, it is a better decision to wait to obtain a credit card until one graduates college. After graduation, one usually has a sustainable job and is able to handle money more responsibly. The article describes a college student named Jerry who decides to get a credit card after graduating college. Jerry decides to make this decision because his sister Paula abused credit cards while she was in school. Her parents had to bail her sister out of five thousand dollars worth of debt. Throughout college, Jerry resisted the temptation of getting a credit card, while all his friends had them. Many of his friends ended up in debt just like his sister Paula. When Jerry graduated college, he started working as a full time employer and opened a checking and savings account. He applied for a credit card but was declined because he did not have a credit report. Every time Jerry applied for a credit card, he was denied and began to become very worried and frustrated. What could he have done wrong? He was never in debt and had done everything right. He was being penalized because of his lack of credit. Eventually, Jerry had to ask his parents to co-sign on a credit card for him. I agree with many of the points made throughout this article. I believe that it is neither safe nor beneficial for a college student to obtain a credit card throughout college. Many students charge way too much money on their credit card which leads to many instances of debt. I believe that a college student should have a credit card in order to build up a credit report. I do not believe that it should be used for everyday charges rather; it should only be used for emergencies and essential spending. A reasonable limit should be placed on a student’s credit card in order to refrain from over-spending. This allows one to have a balanced budget and to avoid debt. Source Sited:http://www.youngmoney.com/credit_debt/credit_basics/021107_01 Many college students are high in debt. Undergraduate students are on average 2,200 dollars in credit card debt and a graduate is 5,800. What people don’t realize is that they can be paying off these bills for years because when they don’t pay then they get hit with late fees on top of the interest rate already. When this happens it gives the student bad credit and makes it harder for them to be able to pay their school loans and the loans they will want later for a house or a car. Some way credit cards are trying to help this is by putting limits on there credit cards so this way the student won’t be able to go over the limit and it’s a limit that wouldn’t be very hard for them to pay back. Some tips from visa about having a credit card beauty of a budget (having a budget), use your credit (be responsible), limit your limit, be on time, learn the minimum max (the minimum limit to what you have to pay on that bill that month, and keep in touch (if you move or change any of your information) []
 * Consequences of Credit: Part 2-Kristin
 * Can You Build Good Credit with a low spending limit?-Ashley
 * source:http://www.youngmoney.com/credit_debt/credit_basics/050801
 * Develop a Credit History During College-Christina
 *  Credit Cards Teach Students a Costly Lesson-Sarah 
 * <span style="color: rgb(255, 0, 112); font-family: 'Trebuchet MS',Helvetica,sans-serif;">Easy Credit can mean Long-Term Hardship for College Students-Carolyn
 * <span style="color: rgb(255, 0, 112); font-family: 'Trebuchet MS',Helvetica,sans-serif;">This article was written to inform people about the dangers of getting a credit card. The people in the article are all in college and it tells the story of what happened to these students. At many colleges, credit card companies are set up on campus or near campus and use different techniques to attract students. Some tricks the companies use are giving away free food or tee shirts. Some students take advantage of getting free food or clothes, but in return must apply for a credit card. After filling out a short application, students are usually approved for a credit card. Having a credit card can be dangerous because students will start to charge everything they buy on their card. At the end of the month when they receive a bill and cannot pay it, sometimes students will apply for a new credit card and leave their old one unpaid. This creates a bad credit history for college students because they do not pay their bill and keep applying for new credit cards. I agree with a lot of the points made in this article. After reading this, I became informed that just because someone is eligible to have a credit card, does not mean they can afford it. I also learned that if you do have a credit card, you need to pay the bill so your debt does not keep accumulating.
 * <span style="color: rgb(255, 0, 112); font-family: 'Trebuchet MS',Helvetica,sans-serif;">source:http://www.usatoday.com/money/perfi/2006-10-01-college-credit-usat_x.htm