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If you are looking for a student credit card, make sure you understand the terms and conditions associated with whatever card you apply for. Often you will find that credit cards for students have a lot of fees and penalties that can add up so do a lot of research to find the card that will work best for you. Do not lend your credit card to anyone. Credit cards are as valuable as cash, and lending them out can get you into trouble. If you lend them out, the person might overspend, making you responsible for a large bill at the end of the month. Even if the person is worthy of your trust, it is better to keep your credit cards to yourself. Make sure you understand the terms of the credit card. It is important that you read every last word of the fine print when signing up for a new credit card. If you don’t fully understand one of the conditions for using it, don’t sign up for the card until it has been clarified.
Remember to have the necessary discipline when you are using your credit cards. Many consumers are addicted to spending and create more debt than they can manage. These people shouldn’t have credit cards. Opening a credit card account, if you are one of those people, simply opens you up to a financial future full of pitfalls and devastation.