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- Does anyone own a student credit card? I applied for a student card but they rejected me. The provider said to mail in a tuition bill and proof that I paid it along with my current student ID. VCU will not mail me a bill until August, but I need a card before then to pay for my books. I also have
- First credit card question: How long after your purchase does it take to get billed the min. monthly payment? I made my first purchase a few days ago, and, currently my minimum payment (due at the beginning of July) is $0. Does this mean that I won’t be billed for this purchase until next month? Also, if I do pay some money this month (even though the minimum is zero), will that
- What credit card is best to pay off first? A card overbalance or closed? I have a credit card that is over my credit limit but is still “open” or I have a card that is below the limit but has been closed by the creditor. What is the best card to pay off first, asuming that the interest rates are the same. I’m leaning towards the open account that
- What do banks determine when giving a student there first credit card? If they have no credit scores yet, how do banks determine to give a student there first credit card?
- Would lowering credit card interest rates stimulate the economy? We hear about how lowering taxes (for rich/for poor ?) and lowering the rate the federal reserve charges banks for loans helps stimulate the economy. Would some implementation at the federal level of lowering credit card interest rates be a more direct way to stimulate the economy?
