Credit cards or loans, repaymentwise (considering that I'm a college freshman)
2006-08-02 06:39:29 · 5 answers · asked by ♥WestlifeForLife♥ 3 in Business & Finance ➔ Other - Business & Finance
Well, the thing is that I don't have to pay anything for tuition (the college gave me about $43,000 in financial aid), but I need to buy stuff for my dorm...
2006-08-02 06:46:49 · update #1
Credit cards generally have very high interest rates. Unless you plan on paying off the balance every month, try not to use them at all. As a student, you will likely be eligible for loans for living expenses on top of the loans for tuition -- I'd go with those.
2006-08-02 06:56:44 · answer #1 · answered by BigD 2 · 4⤊ 1⤋
I have gotten a second job to finance college for my daughter. She is not going to repay a loan and I don't want to. Through tuition management, we can pay monthly. She has a credit card but that is for emergencies only.
A loan will generate less interest than a credit card usually.
2006-08-02 13:44:58 · answer #2 · answered by pretty_brown_eyes 6 · 0⤊ 0⤋
Credit cards
2006-08-02 13:43:46 · answer #3 · answered by Anry 7 · 0⤊ 0⤋
Military, go to college for free.
2006-08-02 13:44:04 · answer #4 · answered by Matt 4 · 0⤊ 0⤋
i guess theyre the same...it just depends on how much interest they want you to pay.
2006-08-02 13:43:17 · answer #5 · answered by flyinghigher 2 · 0⤊ 0⤋