At the beginning of the school year, students often receive dozens of card solicitations, and free merchandise if they sign up for a card. For some, it's the start of trouble. This is a big issue for many students.
Some students get in over their heads with too many cards and too much debt.
Instead of building a good credit record, cards and debt may become a millstone and a source of poor credit ratings. Card issuers go after students aggressively, and often pay little attention to a person's ability to pay. Even when obtaining a card makes good sense, students need to shop around and check out the many choices they have between different cards. We hope you will tackle this topic, and we thank you for considering this material.