NextAdvisor.com Launches 'Credit 101' Guide for Students

NextAdvisor.com's latest guide, "Credit 101," provides a basic introduction to credit reports, credit monitoring, and credit cards. This guide is designed for students who are just beginning to establish a credit history.

San Francisco, CA (PRWEB) November 12, 2008 -- NextAdvisor.com, the trusted, independent source for comparing the most valuable Internet services, is launching "Credit 101 (http://www.nextadvisor.com/blog/2008/11/11/credit-101/)," a free guide designed to help students gain a clearer understanding of how to use credit responsibly. This guide covers 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 a need for a clear introduction to basic credit concepts aimed at consumers in this age group."

This guide emphasizes the importance of establishing a positive credit history early on in one's financial career. It provides an introduction to credit reports and scores (http://www.nextadvisor.com/credit_report_services/index.php) and explains why high school and college students should be proactive in terms of their credit history. Many young adults never consider their credit history or review their credit report until after graduation, when they are searching for their first apartment or shopping for a car. NextAdvisor.com stresses the benefits of planning ahead and building a solid credit history before young adults must contend with occasional credit checks.

"One point that we make in the guide is that your credit is sort of like your GPA," says Podiak. "If you earn good grades and make responsible credit choices when you are first starting out, it will obviously be much easier to maintain a high score as time goes on."

"Credit 101" discusses the risks and benefits of credit card use, with a focus on student credit cards (http://www.nextadvisor.com/credit_cards/student_credit_cards/index.php) in particular. The guide outlines the various features that consumers should consider when selecting the best credit card for their respective financial needs.

The "Credit 101" guide is available for free by visiting:

http://www.nextadvisor.com/blog/2008/11/11/credit-101/

About NextAdvisor.com:

NextAdvisor.com is the trusted, independent source for comparing the most valuable Internet services. The company's 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 currently reviews, compares and explains many different types of services including credit report and monitoring, identity theft protection, voice over IP, diet plans, DVD rental and movie download, online education, online tax preparation and online backup. Learn more at http://www.nextadvisor.com.

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