How do you think today's college students (aka Generation Z) handle credit? Have they learned from Millennials, who were severely affected by the Great Recession, or are they taking a more relaxed approach toward controlling credit and debt? A survey from Equifax implies that while college students are approaching credit with relative caution and responsibility, they could benefit from further education on the subject.
The survey polled 600 students from the ages of 18 to 24, the prime age to start building your credit. Sean McQuay, Credit and Banking Expert at NerdWallet, suggests that students should look early for advantageous cards such as "student credit cards or a secured card so you can begin building that credit from a young age." By the time the temptations of collegiate life roll around, you will have some experience with responsible credit.
Whether helped by prev...
from MoneyTips https://www.moneytips.com/college-students-good-with-credit-cards-but-not-credit-smart/187
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