LandmarkCash.com has recently come out with an interesting infographic on credit card statistics that many college students might be interested in. Actually, anyone who is out of school, paying the bills and owns a card may be interested in the infographic, especially people who are not sure if they own the cards or the cards own them.
A credit card is a necessity in today’s world. You need one to make any kind of reservation or purchase things online. If used properly they are safer and more convenient than cash. However, this ease of use can easily turn to abuse. The temptation to impulse buy is much greater with a credit card, especially since most people do not keep an eye on their balance. They do not know exactly how much they have been charging up until they get the bill. Then they get an eyeful.
The infographic shows that 72% of people have at least one card and 20% have four or more. College freshmen should pay very close attention to this infographic and start forming responsible buying habits. Only 21% of you have credit cards but most of you are charging up tuition bills that will take a good portion of your life to pay off and you do not want to add big fat high interest debt on top of that. Sixty-eight percent of college seniors have at least one credit card. Hopefully they have kept their debt down because next year begins the time that they must start paying the piper.
The rest of the infographic has a lot of information that will be useful for the college senior or anyone that wants to use credit responsibly. Sometimes things get tough though, and the people that brought you this infographic, Landmark Cash, may be able to help get you through until your next paycheck. The payday lender is just one alternative to racking up credit card debt.
Distributed by Iterate LLC
Company Name:Landmark Cash
Contact Person: Benjamin Wrights
Email:media@vytalnet.com
Phone: 4157669098
City: Los Angeles
State: CA
Country: United States
Website: http://www.landmarkcash.com/
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