The university continues efforts to foster a more respectful and inclusive community in response to recent events. More

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Managing Credit Cards

  • Avoid signing up for multiple cards.
  • Never co-sign for a friend's credit card.
  • Contact your credit card company to reduce your credit limit if it is higher than necessary.
  • Understand that low introductory rates are for a limited time and can be very high after that time is up.
  • Avoid “free gift” or percentage off offers for credit cards. These may be predatory lenders, or just a store card which typically have higher interest rates.
  • “55% of college students acquire their first credit card during their first year in college, and 83% of college students have at least one credit card.” Senator Akaka, Credit Card Minimum Payment Warning Act, May 21, 2004.
  • If the excitement of having a credit card has already gotten you over your head in debt, make a plan to pay it off. CashCourse offers resources and calculators to help! Register for your free account at CashCourse.org.