There is no doubt that getting an education in this occupation competitive world is a basic need. So basic is the quest for an education that people would go for extra miles just to finance their education without regard for good and bad credit scores. It is true that some credit cards, as a result of what is a good credit score number, will not charge any interest on used up limits for up to two years and it is also true that a college degree you did not have has the power to change your life for the better. Before you go ahead and pay for your studies using a credit card, think about the following; Going to college or having an education does not guarantee instant employment or promotion. You may be banking on the fact that you will start school with a credit card as your financer and then gradually pay off the debt once you land a part time or more paying job irrespective of having good and bad credit scores. If your hard financial challenges before making this decision, rest assured that you might continue to experience them for a long time even after you stop using the card regardless of what is a good credit score number. While student loans are also credit facilities that need to be repaid, they do not accrue high-interest rates as compared to credit cards, and they are spread over a long repayment period. A credit card is meant to be serviced every month provided there is a utilized amount. The costs of education easily pile up and it is easy to accumulate a large debt over a short time. Even if you are given a credit limit that covers educational costs owing to what is a good credit score number, repaying back all of it within the short period allocated is almost impossible. Related Source: The Value Of Good Credit Score Numbers
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January 2018
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