Credit card reality events, workshops open to students The University of South Dakota Students in Free Enterprise (SIFE) Team will help interested area high school and college students gain an understanding of the responsible use of debit and credit cards during the week o f Nov. 5-11.
The event is part of a special competition developed by SIFE and Visa USA. An element of its Practical Money Skills for Life program, Visa USA created Responsible Use of Credit Week to encourage college students to develop the money management skills they need to succeed in life.
The USD SIFE Team will host extensive Responsible Use of Credit Week training events at the USD Coyote Student Center. The event will include a speaker discussing credit cards and credit card debt. Other events will include inviting participants to bring a credit card bill for review.
"It's excellent that SIFE students are using their business training to help other students and prospective students," said Diane Hambley, SIFE faculty advisor. "It's also excellent to see Visa working with SIFE students to encourage the responsible use of credit. These events are targeted to individuals just starting to use credit cards and credit, such as high school students and new college students."
Approximately two-thirds of college students have at least one credit card and 80 percent of them obtain a card by their first year of college, according to the Institute for Higher Education Policy, Credit Card Survey March/April 1998.
Individuals interested in specific workshop information should contact Hambley at 605-677-5528 for details.