http://www.studentcardpick.com/student/student-cards/student-credit-cards/free-student-credit-cards/ There is no such thing as free credit. Be aware of false advertisements (e.g. free student credit cards) en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 What is credit? In short, credit is freedom. Freedom to do whatever you want, whenever you want to do it. Credit is great because it shows trust and credit cards are the greatest form of trust. Someone is lending you their money based on the promise you will pay off your cards. However, this can be a catch 22 situation, especially if you are a student. You may be lured into applying for a credit card because you see advertisements promising free student credit cards. But are they really free student credit cards. Is there anything such as a free student credit card, and isn't the term free credit cards redundant to begin with? The Trap Many college students get caught up in the age-old trap of applying for a credit card. You're away from home, jobless, no money and classes are killing you. Your financial aid has not kicked in yet and you need to buy books, food, supplies, and more importantly, beer. What to do? You pull out your credit card and go on a shopping spree forgetting that it's not money you're really spending, but every time you make a purchase you're promising someone to pay them back, plus a percentage of what you spend. The advertisement for free student credit cards was misleading, causing you to think that this money is just that -- FREE! But it comes back to bite you in the end. Once the damage is done, your credit is shot and you'll be lucky to even be able to pay in cash without having to use two forms of ID. So why do the credit card companies promise you this fake gold? To draw you in. There are student credit cards out there that are student friendly. No need to deal with the fools gold that is free student credit cards. With student cards, your balance is set. It is enough to live off of, but small enough so you can pay it off. There are many student credit cards out there including chase student credit cards, citibank student credit cards and capital one student credit cards. Don't fall into the trap of bad credit before you even establish credit. Be wise, invest in reputable student credit card. It's the best lesson a college student will ever learn. Sat, 26 Jul 2008 15:00:00 EDT