Student-targeting credit cards crippling grads

The extent of which students can get the themselves into debt, is basically caused by credit and store card issuers, students find it is easier to get their hands on these cards and are cleared for the initial checks that are done, a lot easier than you or I. Yet students are seen as one of poorest group around.

The level of students who have taken part-time work to supplement their studies, has risen dramatically over the years, but it is claimed that some students are living on as little as £40 a week, while others are scrapping by on £950 a week.

So you can see why many of the poorer students, could find themselves in serious financial problems and it doesn’t help that credit card companies and stores are throwing credit at the from all angles and making it easier for them to get them as well.

It has already led to some students graduating with debts in excess of £30,000 and will find it hard to make the start in life that they had hoped that their studies would give them.