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It isn't wrong, though it is somewhat cynical. Card providers know that one area of the population very likely to over-use the cards are college students, yet they are liable for all charges, being old enough to enter legal contracts at the time they took the card. This can, in some cases, severely hamper the college student's entry into the working world, because of debt. Marketing cards to them isn't "wrong" - they can be a great help to a financially conservative, careful student - it can help them develop a good credit rating. But given the nature of college students in general, it is somewhat cynical.
What else can I help you with?
How do the best credit card deals advertise themselves against their competition?
One major way that credit card companies advertise themselves to stand out against the competition is by finding a niche market of consumers and creating a credit card designed to meet their needs. Popular examples of these types of cards are airline cards, retail store credit cards, and gas station credit cards.
What are the aspects of marketing with credit cards?
Credit cards are widely used by people of all ages so to market it well it is good to pick a target audience and aim your product at them. You should offer them a good deal for their needs.
Risks walmart face when entering new market?
they can face stern competition form Tesco. who I have to say have done extremely in terms of entering new markets. They have started to do insurance, sim, credit cards and so fort.h
How many US merchants accept credit cards?
about 87% of business in the US accept credit cards. Most of the 13% that do not are business to business companies that deal in large orders from merchants which are usually paid in the form of a wire transfer. According to Jack Dorsey of Twitter and Square, there are 8 million US merchants who accept credit cards
How can one get a credit card promotion?
One can get a credit card promotion by taking one of the following steps; applying for store rewards cards, entering information on a creditors webpage, owning a credit card, or having good credit.
Is the average number of credit cards a college student has?
No I am sure that college students do not have the average number of credit cards.
What are some popular credit cards available to college students?
Some popular credit cards for students are the Citibank credit card and the Discovery credit card. These two credit cards are designed for students and offer credit back incentives.
What are some good credit cards for a student to have?
A credit card is something that every student over 18 needs because it helps them build up their credit rating by the time they graduate from college or university. Some of the good credit cards that offer credit cards for students are: Discover It for Students, Journey Student Rewards from Capital One, Citi Forward Card for college students, and Citi Dividend card for college students.
Where can you get credit cards for college kids?
You can find many different offers for credit cards for college students. One great place to start is creditcards.com. They offer a wide selection of many of the available credit cards available for college kids.
What are some of the best credit cards for college students?
If a college student want to get a credit card then they need to carefully consider if they can pay back the debt. They should get their card from a reputable company such as a bank so that they won't get charged interest that is too high.
What percent of college students have credit cards there sophomore year?
check grammar
What banks offer credit cards for college students?
Wells Fargo offers the best low-interest credit cards. They are great for those just starting out.
What are the three types of credit cards available in the market today?
The three types of credit cards available in the market today are secured credit cards, unsecured credit cards, and prepaid credit cards.
How can a student obtain a college credit card?
College students can obtain credit cards just like other people. Sometimes it can be more difficult to obtain a credit card as a college student because they do not have as much credit built up. The best approach would be to open up a savings/checking account at a local bank. Once one is opened, they will usually offer the person a credit card as well. If that does not work, looking at the main credit card companies (Visa, Master Card, Discover Card, and American Express) and finding their college student section, will give you options for college students, however, they usually have very high interest rates.
What are some bad student credit card offers to avoid?
For the most part, student credit cards are fairly useful for college students, but some of them should be avoided. Travel cards are fairly useful for students, so a student should seek out low interest cards.
Credit Cards No Credit History Required for Students ?
Many students have not yet had the opportunity to build a positive credit history. Fortunately, there are lenders that offer credit cards no credit history required. Student credit cards are specially designed for young students with limited credit. Providers that offer these cards will accept applicants that may be considered a high risk by other lenders. However, applicants with a limited income must provide a cosigner unless the are over 21 years of age. Even with a cosigner, students may be looking at fairly high interest rates. The upside is that these cards give students the perfect opportunity to begin working towards a good credit score.
Why should students have credit cards?
Credit cards can be beneficial for students in case of financial emergencies like cars breaking down. They are also helpful for books and school supplies. However, students should be responsible when using them because abusing them is common among college-aged persons.
