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JoshuaLeonard1996

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Best college credit card, and how to use it ?
I will be a sophomore in college, and i need to begin to build credit. i have mistakenly applied for credit cards at stores such as target and marshals, but i really need to know what credit card is for me to begin building my credit. someone said to stay between 1-3%, i need help understanding that. so overall, best credit card for a college student and detailed description for how to use it

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If you have no credit now

you may need to try a "Secured Card".  Go to your bank (Or your parents) and open a savings account.  The savings account will be used as collateral for the card. meaning that the money in the savings will be locked up while you use the card.  After about a year of good payment history, the card can be transfered to Unsecured status. 

If you have some credit history and a decent score (650 or above) Then I would suggest the Discover IT for students.

As far as using the card. Keep the card for emergencies, exclusively for school expenses or only make small purchases on it and never more than 50% of the credit limit.  Pay off the card every month. This will help you setablish a payment history.  .

Use the articles and blog posts on this site to educate yourself as to what good credit is and how to manage it.  It will be the most important number in your life.  It's important that you know how to manage it.

Remember: Good Credit isn't based on how much money you have, it's about how well you manage it.

Good luck

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