Top Credit Lessons For College Students - Helping you achieve healthy credit! - Credit Education & Credit Coaching
  • Huffington Post

  • New York Times

  • Poughkeepsie Journal

  • Credit

  • myFICO

  • Fox

Top Credit Lessons For College Students

Top Credit Lessons For College Students

An important topic that is often overlooked in college is credit; in particular how to build it, why one should build it and how to manage it responsibly. Most college students do not possess adequate money management skills and are often overburdened with large student loans and credit card debts. Learning to avoid these credit pitfalls and establishing a healthy credit history is an important skill that ought to be learned in college. The following are credit lessons for college students: Develop a healthy respect for credit cards This is an absolute must while you are in college as it will help you build your credit history which is crucial for purchasing a vehicle, renting an apartment, or could be helping you with landing your dream job after graduation. How can you responsibly manage your credit card? Keep your spending low: The best way to avoid big credit card debt is by keeping your expenditures under control. Use your credit card only when you are 100 percent sure that you will have the income to pay off the debt in full. The goal for having the credit card is not to build more debt, it is to use as a tool for building good credit. Pay your bills on time: Make sure you have your budget in place and that you know your due date. If you pay your bills late, over 30 days a negative mark can go on your credit report. This will remain there for 7 years. If it helps, create bill payment reminders on your mobile device. By paying your credit card bill on time, you will create an excellent credit history. Avoid the “use now, pay later” temptation: this is a common error made by many college students. Because credit card bills are due once a month and because they encourage you to pay a minimum balance, many students trap themselves by racking up a huge credit card bill which they are unable to pay off in a single payment. Now add to this mix rising cost of living expenses, when you’re just setting up your new place to live in your post-college “real life” and you will soon find yourself paying only a minimum balance each month. Healthy credit choices can put you on a strong foundation during and after you graduate.

Trackback from your site.

Leave a comment

You must be logged in to post a comment.
  • Jeanne Kelly is a sought-after speaker. She has captivated audiences on television, via webinar and at live events. She speaks on credit-related topics like credit scores, building healthier credit, rebuilding credit, and more.

    Today, Jeanne has become one of the country’s foremost authorities on credit, credit reports and credit scores. She is the author of two books, she has appeared on The Today Show, The Lisa Oz Show, Blogs for the Huffington Post, Credit.com and her advice has helped thousands around the United States to build stronger and healthier credit.

    "I don’t know how they do it, but I will never attempt credit repairs myself again. Over the years I have had the opportunity to deal with many different, so called, credit repair companies, but until being referred to The Kelly Group, never found one that actually did what they said. Jeanne Kelly and her competent staff are definitely a cut above the rest and would highly recommend them to anyone who was in need of assistance in dealing with the credit industry.“ - Captain Jeffrey Maxton, USMS
    Get A Coaching Session

    Hire Jeanne Kelly and her team of highly-trained credit specialists to help you master your credit. It doesn't matter whether you are starting new, rebuilding from bad credit, or you want to protect yourself from the growing threat of identity theft. Jeanne and her team delivers practical advice and insight in respectful, private one-on-one phone-based coaching sessions. Hire them for a one-time review to help you get going!

    Coaching Session Terms & Conditions

    The Kelly Group Consulting, Inc. Disclaimer | Terms of Service The information provided by The Kelly Group Consulting, Inc. ("TKG") and the general consumer understanding and education in various credit repair sole risk of the user. TKG is not a credit repair organization as Organizations Act, and does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" credit records, credit history or credit ratings. This site is for consumer educational use only. Nothing contained in TKG or coaching session is, should be considered, or used as a substitute for professional financial or legal advice. Our purpose is only to provide general credit and financial information that can help people in credit repair efforts and in financial management issues. This site does not constitute certified financial or legal advice or information.We do not guarantee the successful improvement of your credit score or removal of negative information from your credit report as a result of your purchase and adherence to the coaching session.Because of the stated purpose of this website, you agree that the TKG website and the information contained therein, including the coaching session over phone does not constitute a service that targets any one community, group of users or business. Due to the site being designed for educational purposes, you agree that the site does not constitute undertaking business in any specific area. We encourage and advise users to seek the advice of a certified financial professional or other legal professionals if there are any questions about personal financial issues or problems. Never disregard, delay or avoid seeking financial advice from a qualified financial professional because of anything you have read on this site, or third party sites. We do not control, supply, operate, endorse, warrant or guarantee any information, products, services or merchandise that are not clearly identified as information that is supplied by TKG. We do not guarantee the accuracy or currency of any Acts, Laws or Rules contained on our site. We do not warrant or guarantee that any material available for downloading through our site or third party sites is free of infections or viruses, worms, Trojan horses or other computer code that contains destructive properties, although no such viruses are present to our knowledge. We do not guarantee or warrant against errors, omissions, delays, interruptions or losses including loss of data. You agree that any controversy, claim or dispute arising from your use of the TKG site or your purchase any TKG product, including Connecticut law. We reserve the right at any time to modify this site with or without notice.
    Purchase a Training Session