Secured credit cards, learning the basics
As a result, many student groups are raising concerns about credit card issuers exploiting students. Even the politicians in Congress have been examining the contracts between academic institutions and banks, as hearings were held about the issue last summer. Credit card companies claim they are acting in good faith and helping students learn to become responsible consumers. Student credit cards offer an opportunity for students to develop a relationship with a bank and build a foundation for their credit history. Banks offer seminars on responsible spending, budgeting and paying off balances on credit cards.