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Unformatted text preview: sign up for credit cards. Also, these credit card companies will offer low APR’s to lure student into purchasing a credit card. Credit card companies encourage college students to build a credit history at a young age, so they go and sign up for a credit card. 3. Where do students turn for help when they get into debt trouble? Many students have a high amount of debt in college. They tend to spend a lot of money to satisfy their needs. However, they are unaware that they are in debt after they receive a credit card statement saying they are in debt. They do not have full-time jobs that can pay these bills off, so than these college student turn to their parents hoping they can help pay their debts off....
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This note was uploaded on 04/14/2010 for the course ACCT Act695 taught by Professor Smith during the Spring '10 term at York University.
- Spring '10