San Francisco, CA (PRWEB) November 12, 2008
NextAdvisor.com, the trusted, independent source for comparing the most valuable Internet services, launched "credit 101," a free guide designed to help students gain a better understanding of how to use credit responsibly. This guide covers the credit reports, credit scores, credit monitoring and credit cards.
"Most people get their first credit card when they are in their late teens," said NextAdvisor.com Associate Editor Caitlin Podiak. "And we saw the need for introduction clear the basic concepts of credit for consumers in this age group. "
the guide emphasizes the importance of establishing a positive credit history early in the financial career one. It provides an introduction to the reports and credit scores and why high school students and college should be proactive in terms of their credit history. Many young adults do not consider their credit history or review their credit report until after graduation, when they do looking for their first apartment or shopping for a car. NextAdvisor.com highlights the benefits of planning ahead and to build a solid credit history before that young adults have to deal with occasional credit checks.
"One point we do in the guide is that your credit is like your GPA," said Podiak. "If you earn good grades and to make choices for responsible credit when you first start, it will obviously be much easier to maintain a high score over time."
"Credit 101" examines the risks and benefits of the use of credit cards, with a focus on credit cards for students in particular. The guide describes the features that consumers should consider in choosing the best credit card for their financial needs.
The "Credit 101" guide is available by visiting:
http://www.nextadvisor.com/blog/2008/11/11/credit-101/
A About NextAdvisor. com:
NextAdvisor.com is the trusted, independent source for comparing the most valuable Internet services. The company mission is to help consumers save money and improve their lives by presenting them with useful comparisons and reviews of service providers and a clear explanation of each service and how it works. The company is currently examining, compares and explains many different types of services including credit report and monitoring, protection against identity theft, voice over IP, diet plans, DVD rental and download movies, online education, online tax preparation and online backup. Learn more about http://www.nextadvisor.com.