Don't want to go it alone      
There are hundreds, if not thousands, of credit repair services online. Among them, we recommend Lexington Law Firm. Why? • You're working with real lawyers • Your privacy is protected by attorney-client privilege • Lawyers are best at understanding and enforcing your legal rights
 
Beating the Credit Card Companies at Their Own Game      
Visa, MasterCard, Discover, and all the other credit and charge card companies only make money if you do not pay their full balance each month. The only exception besides the occasional emergency or lack of cash for not paying your credit card off each month is if you are trying to build credit.
 
Deciding on the Right Card for You      
When applying for a credit card it is important to evaluate the card offer details. It is a good idea to look for a card that has a low annual percentage rate and a 0% interest introductory period (usually six months). However, more often then not, the main differentiator between credit cards will be the rewards.
 
Fundamentals of Building and Maintaining Good Credit      
Why should I build credit? Why do I need credit? Most college students leave college without building any substantial credit history. When you are ready to get a car loan, a house loan, or make any other large purchase you will find yourself faced with high interest rates - and that is if you are lucky. You will likely be turned down with out a cosigner with a solid credit history. College students can build credit and sound financial habits in several ways and two of the easiest are paying bills for small subscriptions and buy using a credit card. For example, college students should put their cell phone or magazine subscriptions in their name rather than their parents' name and pay bills on time, every time. It is also a good idea to apply for a credit card and learn to use that credit card responsibly. When you fill out a credit card application you are taking the first step to building credit, but simply having a credit card will not necessarily improve your credit rating.
 
Understanding Credit Reports      
According to Google definitions, a credit report is "a report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness." From the College Plastic perspective, a credit report is what decides if you get a car loan, a home loan, or a loan for any other big ticket item. Your credit report basically includes your history of payments on a credit card, a Sears card, or a cell phone plan. Every time you missed a payment it was noted on your credit report and every time you apply for any type of loan from a company they look up your credit history. Your credit report tells companies what they should loan, for how long, and at what percentage interest rate.
 
Debit vs. Credit Cards      
Nowadays credit cards and debit cards look almost identical. They have the same Visa or Mastercard logos on them as their credit card counterparts and can be used at all the same places - at the store, over the Internet, or to pay for gas. However, there are a few important differences to The key difference and the most obvious, between credit cards and debit cards is that a debit card is attached to your checking account. When you make a purchase on your debit card, the amount of your purchase is deducted from your checking account. It is essentially paying cash, but with plastic. On the other hand, when you make a purchase on a credit card you are borrowing money from the credit card issuer. You must pay a monthly interest rate on the loan from the credit card company.
 
Avoiding Credit Card Late Fees      
Late fees. Nobody likes them, but somehow the payment due date creeps up on you and passes. Some credit cards charge as much as $50 for a late payment! When you are already scrambling for money to make a payment this can really hurt your wallet. There is no real secret to avoiding credit card fees. The main rule is do not spend beyond your means. The following are some strategies that will help you avoid these fees and maybe even beat the credit card companies.
 
Student Credit Cards for the Holidays      
I know credit cards can be really bad, when they're used wrong. As students, though, you've got so many great opportunities for good student credit cards that offer outstanding rewards programs and reasonable interest rates, that if you just learn how to use the effectively, you can enjoy the freedom they give you and build your credit at the same time. Around the holidays, money can be a little tight, especially for the typical student who probably doesn't budget all year for the holiday season! Using a credit card to purchase gifts for family and friends is ok as long as you figure out how much you can afford to spend (and pay off in a reasonable amount of time). To do this, you'll want to create a budget.
 
Credit Card Kiosks on College Campuses      
Colleges all over the nation require a certain set of educational courses- regardless of what you plan to major in. Most universities require an English or writing course, a science, math and foreign language course as part of every course of study's major requirements. Probably another course to require of all students would be a basic financial management course. Unless a student has been taught personal finance and money management from their parents, college is often the first experience a student has with handling their own finances. Why do we assume a student has this knowledge without being taught?
 
Should Your Student get a Student Credit Card      
When your child begins college, they are bombarded with any number of offers and good deals, but one that many students are particularly interested in is the student credit card. These credit cards, offered by most major credit card companies, provide a slightly different package of offers than mainstream credit cards. But the end result is the same - your student can use the cards for a wide variety of expenses and possibly even earn rewards or cash back bonuses.
 
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