College students shouldnt use credit card.doc

College students shouldnt use credit card Nowadays, there is a trend that consume by credit card is more and more popular. This kind of ways of consumption is convenient and efficient, so it behooves to become a popular choice to consume in college students. Some students show that use credit card can get some benefits, and such benefits you cant get by cash. Some students believe that use credit card is a fashion action, in order to make them “in”, so they choose credit card. Find out the large potential consume market, how could the merchant, including kinds of banks, miss this chance? Whenever the new semester begins, a lot of businesses involve in a violent attack to college credit card consumption market. With a large consumer groups, university campus have become hot places for banks developing their credit card businesses. Some banks even set an operating division in campus, range business servicers for long term and so on. Its easier now for college students to get their own credit card than past. Even though credit card provides convenience, at the same time, it also produces a series of problems. For students, using credit card is not good for their mental health and study. The pattern of payment of credit card belongs to an advanced consumption, the owner of credit card buy things do not need to pay for cashes, a card can help solving payment matters, thusly he or she may has not a clear conception of his or her amounts of money used. In the course of time, the amount adds to a huge number. Without other sources of money, a college student may take financial burden. When financial burden transfers to mental pressure, how could he or she focuses on his or her study? Personal credit damaged. After all, most of students dont have the ability of independent economic, it often happens that they cant afford credit debt amount and cant repay in time. Repaying irregular may produce high interests. When such situation that they can not payback appears, then its not far from their individual credit bankruptcy. Personal credit damaged may influence students future development. Bad consume concept. Banks encourage students to use credit card, they only aim at expanding their business volume but often ignore whether students have control ability of money. With the limiting overdraft function, there is no doubt that credit card may be easy to help students developing a bad habit of excessive consumption. For those owners who dont have the ability of money controlling, credit card is not a good pattern of consumption. In a word, above all reasons show that college students should not use credit card. Convenient, efficient, fashion, overdraft supported, safe, profitable and so on. These characteristics make credit card surely be well received. In fact, not only college students, everyone shoul