Avoiding Debt Tips for College

News / Saturday, June 8th, 2002

Avoiding Debt Tips for College Students

Don’t be lured by free gifts and offers for easy credit which will only serve to saddle you with debt and ultimately prevent you from enjoying the work of your labor. This BET.com article by Stacey Gilliam discusses do’s and don’t of credit for the college set. Once your credit gets bad, it takes years to make it right. Time is money and the higher prices you pay in the form of higher interest, larger down payments, security deposits, etc. because of bad credit just isn’t worth it and costs you even more in the long term. The entire BET “Down With Debt” feature is worth a visit.

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