Student Credit Cards Interview with ABC News Radio
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Wednesday, August 26, 2015 with Daria Albinger of ABC News Radio about the August 2015 Student Credit Cards survey. The interview and transcript are below.
Daria Albinger: Matt Schulz, a Senior Analyst at CreditCards.com, says many student cards have special sign-up bonuses and tools that can teach cardholders how to manage debt. And he says they are getting less expensive.
Matt Schulz: The average student credit card had an interest rate of a little over 16% and now that’s dropped down to about 13%.
Albinger: But like any other card you have to pay them on time every month to reap the benefits. Daria Albinger, ABC News.