Comments on: Credit Safety On The College Campus http://www.moolanomy.com/452/credit-safety-on-the-college-campus/ Personal Finance. Investing. Wealth Building. Mon, 22 Mar 2010 01:29:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Carnival of Debt Management #39 | Credit Card Lowdown http://www.moolanomy.com/452/credit-safety-on-the-college-campus/comment-page-1/#comment-5826 Carnival of Debt Management #39 | Credit Card Lowdown Mon, 18 Feb 2008 08:20:20 +0000 http://www.moolanomy.com/452/credit-safety-on-the-college-campus/#comment-5826 [...] presents Credit Safety On The College Campus posted at [...] [...] presents Credit Safety On The College Campus posted at [...]

]]> By: Make Friends, Earn Money http://www.moolanomy.com/452/credit-safety-on-the-college-campus/comment-page-1/#comment-5805 Make Friends, Earn Money Sat, 16 Feb 2008 12:44:34 +0000 http://www.moolanomy.com/452/credit-safety-on-the-college-campus/#comment-5805 Hi Tisha, nice to have you guesting on the Moolanomy blog, I totally agree with you about the need to be careful with personal information when at university, credit card and other forms of ID fraud are so easy to commit against students because of the share nature of much of their accommodation. I also agree with Pinyo's comments, about setting a credit card limit to avoid students getting into more debt, in fact I know it would be unpopular but I would ban credit cards to students altogether because the temptation is just too great. Hope your back soon Tisha, with some more interesting posts, thanks Pinyo Hi Tisha, nice to have you guesting on the Moolanomy blog, I totally agree with you about the need to be careful with personal information when at university, credit card and other forms of ID fraud are so easy to commit against students because of the share nature of much of their accommodation. I also agree with Pinyo’s comments, about setting a credit card limit to avoid students getting into more debt, in fact I know it would be unpopular but I would ban credit cards to students altogether because the temptation is just too great.

Hope your back soon Tisha, with some more interesting posts, thanks Pinyo

]]> By: Pinyo http://www.moolanomy.com/452/credit-safety-on-the-college-campus/comment-page-1/#comment-5795 Pinyo Sat, 16 Feb 2008 02:16:05 +0000 http://www.moolanomy.com/452/credit-safety-on-the-college-campus/#comment-5795 I think there should be some sort of graduated system where credit card companies cannot give a new borrower more than say $500 initially. When the borrower has proven his/her responsibility with the credit card, then the limit gradually increases to $750, $1,000, etc. I think these companies are counting on parents bailing their kids out of trouble. I think there should be some sort of graduated system where credit card companies cannot give a new borrower more than say $500 initially. When the borrower has proven his/her responsibility with the credit card, then the limit gradually increases to $750, $1,000, etc.

I think these companies are counting on parents bailing their kids out of trouble.

]]> By: Adfecto http://www.moolanomy.com/452/credit-safety-on-the-college-campus/comment-page-1/#comment-5794 Adfecto Fri, 15 Feb 2008 21:42:38 +0000 http://www.moolanomy.com/452/credit-safety-on-the-college-campus/#comment-5794 I don't know how to fix the problem. Some 18 year olds get a card and never have a problem and others go nuts with the plastic. I think maybe we should mandate that there is proof of employment and a low debt to income ratio is enforced for cc borrowers who are under 25? If your income is $2,000 a year part time we should not let people have $2,000 in easy credit. Once you have shown responsibility and as your income increases so too could your credit line. Just a suggestion. Better education in High Schools would be great too but we all know how much attention we paid in HS right? I don’t know how to fix the problem. Some 18 year olds get a card and never have a problem and others go nuts with the plastic. I think maybe we should mandate that there is proof of employment and a low debt to income ratio is enforced for cc borrowers who are under 25? If your income is $2,000 a year part time we should not let people have $2,000 in easy credit. Once you have shown responsibility and as your income increases so too could your credit line. Just a suggestion. Better education in High Schools would be great too but we all know how much attention we paid in HS right?

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