Once they graduate, they want to be able to make those purchases, like a new car. Patricia Nielsen, director of career services at Quinnipiac, said students should be aware that some companies are doing credit checks on prospective employees. Before you apply for a job, make sure your bills are paid. According to Philip Margolis, spokesman for BankBoston in Hartford, credit cards are part of the Student Value package the bank offers first-time card applicants. To qualify, students must be 18, have a college ID or an acceptance letter, and no bad credit history.
Students do now have to show a source of income to qualify.
On the negative side of the survey, students who get into debt troubles are the ones with more than four credit cards and charge their tuition.