Answer to Question #193928 in Law for Cassius

Question

Do you think students should own credit card?

Answer 1

It is important for a student to own a credit card because for instance, for a student in college, having a credit card is a great way of start building your credit score. Another advantage is that it will help in gaining everyday convenience because being a college student, you may not always have the necessary funds to purchase your day-to-day items. If you need to buy something but are between paychecks, a credit card can offer a sense of relief. On the other hand, using credit cards recklessly can cause financial hardships that snowball and cause problems for years therefore they should be careful.