Just Say No to Credit Cards

Too many college students are addicted to plastic. Here's why you should ignore the credit card solicitations -- for now.

Heading to campus this fall? Before you've even had a chance to buy your textbooks, meet your roommates or scope out the library, you'll probably face a life-altering decision: Should you get your first credit card?

Easy credit abounds on college campuses. Lenders see students as walking dollar signs with fairly low risk. They know you are quite capable of running up sizeable debts, but you're young enough that Mom and Dad will probably help pay your bills if you get in over your head.

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Erin Burt
Contributing Editor, Kiplinger.com