Apacs launches student credit card guide

18 September 2006

The UK payments association Apacs has launched a credit card advice guide for students.

It is an online guide designed to provide students with key facts and tips for responsible borrowing while at university.

In total, 24 per cent of under-24s have a credit card compared to 66 per cent of the population as a whole.

The guide provides advice on; tips for safe borrowing and good financial management, advice on protection against fraud and a list of ten questions to ask before choosing a credit card.

Sandra Quinn, Apacs communications director, said: "This advice guide is designed as a quick and easy checklist for students.

"It provides information they need to make informed decisions about their personal finances and clearly explains the various card payment options available to them.

"Nowadays, most students expect to be in debt when they graduate and whilst it might be impossible to avoid student loan debt, getting a handle on managing your finances can make the world of difference."

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