Learn about credit card applications
Credit card companies would shower us with umbrellas, sweatshirts and free giveaways. The banks were trying to lure new applicants for student credit cards and it worked. It was so easy to get a credit card. Everyone I knew who applied for a credit card on campus had one in their hands within a week or two. Yet I knew plenty of people who only paid their minimum balances each month and kept ringing up additional purchases on their cards.