Can your College Freshman manage a credit card?

Some questions that need to be answered to decide whether your student will be able to manage a credit card are:

Are they accustomed to paying bills on a regular basis? Will they be able to maintain a bill paying routine when they are under the stress of exams, or sorority/fraternity rush?

If not, late fees will probably accrue and interest rates could be increased. If they do not have a bill paying routine or if they are disorganized, the stressors of college life could cause them to