Great topic, SisterFriends!
Fortunately, my mom curtailed my credit card tendencies. I only had one card w/ a $500 limit; I was threatened with paying all my own expenses if I signed up for more cards. I was one of the lucky ones.
It is also interesting that someone mentioned college students and cars. My cousin was given a guaranteed car loan while in college with NO cosigner (and very little credit) simply based on her freshman year grades! Now what work/study-job-having college student needs a car note? Needless to say, her parents are still her main source of income today. Did I mention she graduated from college in 1990?
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