Study: College students pile on credit card debt - Triangle Business Journal:

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The survey of 3,631 people who had attended commissionedby Chicago-based TrueCredit.cokm and conducted by pollster , found that 23 percenrt of respondents finished college with more than $5,000 worth of credit card One out of every 10 respondents reported leavingh college with more than $10,000 worth of credit card debt. TrueCredit.comk is a unit of , one of the threee major providers of credit scores inthe U.S. In a statement, the companty says many students don’t understand their finances. They also coulde benefit from creating spending plans or consolidatingtheir loans.
Students also woulde be wise to avoid special gifts and offers madeby credit-carc companies, such as free T-shirts or food given when someone signsw up for a card. The Zogby survey founf that one in four of the respondents were wooexd by special gifts and offers made by credit card companies during theie timein college. Zogby Internationalp conducted its online poll from July 30to Aug. 4. It says that a samplinyg of itsonline panel, representative of the adult population of the was invited to participate in the poll. The margibn of error on the poll numbers is plus orminusw 1.7 percent.