It's been known that younger adults rack up the most credit card debt, simply because most aren't educated or even know what they are getting themselves into.
Having a credit card while in college can seem to be quite exciting because you get to spend money by simply swiping a card, even if you don't actually have any current funds at the moment.
This can be pretty detrimental to your credit and simple things you want to pursue in the future if you don't pay off your debt in time.
Getting a credit card can be a very smart move because you can apply for an apartment, car, and any time of loan that you are considering. Building up credit and having it can give you the ability to do many things, and also give you a better possibility of getting an apartment or new car that you've been dreaming of for a while…. Read more