Gotta love this. Son gets an email from BeRecruited.com congratulating him on his college commitment and does so with an offer for his "very first credit card". It's a Discover card. They also included information on student loans, etc....
I'm thankful his scholarship covers the majority of his college cost and we can pay cash for the balance. Our kids are targets for credit card companies and lending institutions. I understand that credit card companies are allowed on campus to promote their "products". Is it any wonder we are a nation of debt?
If you haven't done so already, talk to your kids who are headed off to college about these "traps". Be aware that Berecruited is targeting our kids too by selling out to these financial institutions.
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