A credit card is a powerful tool that can either be used for good, or used to damage a person’s finances indefinitely. Too often, young people are not fully aware of all of the repercussions a credit card account can bring into the life of an irresponsible cardholder.

Cardholders that do not understand credit card jargon should spend time researching the realm of credit before submitting that first application. Take a look at some of the best pieces of info every young professional should know about credit cards. [Read more…]