Why I write on credit card applications
Credit card issuers hide the details of student credit cards' terms in blocks of minute print or in long, bewildering tables, couched in jargon as dry and obscure as possible. Knowing what the jargon in credit card offers means and how to find the important information in a welter of irrelevant details is a skill your daughter or son will need to choose a credit card wisely. * Teach them how to analyze special offers. Sparkly new 0% interest rates vanish after six months, but unless you know to read carefully, you might think you were set for free credit for life. Teach your teenager to look deeper whenever an offer seems too good to be true, and show them where the details and disclaimers are hidden.