 TITLE: Should I Get a Student Credit Card? CONTENT: Drawbacks of a Student Credit Card\n----------------------------------\nWhile there are many benefits of student credit cards, there are some drawbacks to think about before applying. Here are some disadvantages of student credit cards:\n*   **Low credit limits:** Student cards may have lower credit limits than you might find with a non-student credit card. However, the credit card company may increase your limit after you establish a track record of on-time payments.\n*   **High annual percentage rates (APRs):** Student cards are geared toward students with limited credit. Because of this, they may have higher interest rates than other cards.\n*   **Potential debt trap:** If debt piles up on your card, a student credit card could end up doing more harm than good, especially if you have a limited income. Not being able to make the minimum monthly payments could hurt your score, and late payments can stick around on your credit report for up to seven years. END