Student Credit Guide

Our student credit guide will help you understand the risks and benefits of having your own credit card. We've also carefully selected a list of the best credit cards which are most likely to approve you as a new student.

What is a Credit Report?

Your credit score report starts compiling at age 18 and includes information on where you live, how you pay your bills and if you've been sued or arrested. It also includes your behavior with credit cards! Consumer reporting companies sell the information in your report to businesses that use it to evaluate your applications for credit and loans. If you think being late on a $15 credit card payment isn't a big deal you're wrong! Any payment late by more than 30 days will go onto your credit report and the impact will be the same whether its a $1 payment or a $5,000 payment. Late is late. Here are some ways you can improve your credit score.

What is a Credit Score?

Your credit score is a number ranging between 300 and 850 which is derived from your credit history. It gives lenders a quick view of you as a borrower and allows them to make decisions about how risky lending you money will be. Your credit score is like an SAT score for life -- it will be used to represent the likelihood that you will succeed financially. Always be aware of things which can harm your credit score such as making late payments or going over your credit limit.

Get Free Money for College

What's better than free money for college? Scholarship Points is a free program where you could win a monthly $1,000 scholarship just for being a member or even one of our $10,000 scholarships we give out a few times a year. You earn additional chances to win by earning points by completing activities listed on the site. Check out Scholarship Points and get started now.

How Can I Manage Credit Debt Better?

Student credit cards come in handy for emergencies as well as for things that we know we'll probably regret later. Because so many college students get into credit card debt, we've put together a free article to help you manage and eliminate your student credit card debt.

Get Your Questions Answered

The Student Credit Forum is the place to ask specific questions about student credit or financial issues. It's also the right place to share your experiences, both good and bad with other students. Registration is free and only takes a second. You don't need to register to read the forum however. Go to the Student Credit Forum now.