Statewide Iowa — Classes will start soon at area colleges and universities and students who are on their own for the first time may be tempted by those plentiful credit card offers, but they’re warned to beware.
Consumer advocate Lara Sutherlin says those pre-approved credit card deals often come with a lot of strings attached.
Sutherlin says even taking one of those “fantastic plastic” offers could affect your credit score.
Sutherlin says many businesses will offer credit cards to college kids who aren’t truly ready to handle having that sort of easy access to money.
Sutherlin says if you do need a credit card, you should shop around at trusted banks that you or your parents have used in the past, and make sure to shred or rip up credit card junk mail.
