Credit cards for bad credit, learning the basics

* Teach them to interpret the small print. Credit card issuers hide the details of student credit cards' terms in blocks of minute print or in long, bewildering tables, couched in jargon as dry and obscure as possible. Knowing what the terms mean and how to wade through the fine print to find the information they need is a valuable skill that will allow them to choose a credit card wisely. * Teach them how to analyze special offers. That 0% interest rate only lasts for six months, but unless you know to look for the fine print explaining that, you might miss it entirely and think you have a pipeline to free credit for life.

10/18/09 18

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