|
|
Article: Youthful credit missteps can HAUNT YOU LATER
- Article from:
- The Broward Times
- Article date:
- March 2, 2007
- Author:
CopyrightCopyright Broward Times Mar 2-Mar 8, 2007. Provided by ProQuest LLC. (Hide copyright information)
|
Bad credit?
I don't want to date myself, but when I went to college, tuition was much more affordable and it was nearly impossible for students to qualify for credit cards and car loans. What hasn't changed since then, however, is that many young adults still don't realize the impact a few bounced checks or late payments can have on their future ability to borrow money, rent an apartment or even get a job.
It probably doesn't help that four-fifths of high school seniors are not required to pass a personal financial management class in order to graduate, or that they'll likely be deluged with loan offers upon graduating. Before they know what hit them, many people enter their twenties ...