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First, they have a strong hunch that your parents will bail you out if you run up your credit card bill. That means lots of years of interest payments for the credit card companies.
Recent changes to credit card law now require credit card companies to verify a student's income before giving a credit card them a credit card.
That’s more than enough for one 20-something, just out of college, to think about each month.
Before you head off to campus this fall, make sure you understand some basics that will help you stay out of credit card debt.
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