It's cool to have a credit card, but it's not good to have too many because all that money you have in them can get you in a lot of trouble if you don't know how to manage it. Hugo Jimenez Daily staff editor M ike Ramos doesn't work 40 hours a week and go to school full time because he likes it. Ramos is not alone in his debt.
Many college students fail to avoid the credit card trap.
Although Ramos had to accumulate the debt because he is a new father, other students can't resist the temptation of buying now and paying later. Chavez said he got in this situation by not having the patience to wait until he had the money to fix his classic car. Although Chavez works part time, he said it will be difficult to pay off his debt because he can only afford to pay the monthly minimum. Chavez said getting one of his three credit cards was as easy as picking up a brochure in a classroom. Consumer Credit Counseling Services is a nonprofit organization that offers in-debt counseling and credit education among other services.