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On-Campus Credit Card Booths Might Be A Scam

By Erik Folgate

I would suggest staying away from these credit card booths no matter what, because it’s just another form of predatory lending. Blueprint talks about how these credit card booths might be stealing your identity while stealing your financial virginity. It’s sad that we have to be so paranoid about our identity these days, but that is the world we live in. We need to make sure that we don’t just flaunt our personal information to anyone.

Besides, is a free t-shirt or a free pizza worth having 29% credit card debt with no job? Just stay away from them altogether, and you won’t have any problems.

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

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  • John

    Most students have to pay student loans. Do you really want credit card loans on top of that. Life is hard enough, you don’t want to start behind the 8 ball.

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