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Heavenly Blog
College and Bad Credit
November 8th, 2009 by admin
Unfortunately, too many college students are being awarded credit cards that are beyond their ability to control. It’s like giving kids a huge bag of candy and saying only eat a few pieces. Yeah right! How about a little reverse psychology for our up and coming students. Let’s teach them about bad credit loans now before they have a chance to destroy theirs. Instead of arming them with little cards that they will be paying on forever. How about teaching them on the consequences of accruing bad credit. For example, if you have bad credit you cannot buy a house. Maybe this should be the first lesson taught to our students.