| O-D-C said: So I'm falling on some difficult financial times, I'm a college student, my loans are up and I only will start working again in June, on top of that I'm moving in mid June to a new place which is more expensive and needs furnashing. So ya times are tuff So I decided to apply for a loan at my bank just to help me get past these times until I get back on my feet, no worries I CAN afford the monthly payments, I'm just wondering if I should also get a credit card (it's included in my loan plan) any help or input would be appreciated. Thanks! |
Can you get a loan at your bank? The new healthcare bill made it illegal for banks to give out student loans.
I suppose that doesn't preclude giving loans to students.
Either way, yeah I'd say no to the credit card, or say yes but never use it unless you are REALLY screwed. Afterall, the loan will build credit anyway, and all the credit card can do is get you in more debt.
