To many college students, getting a free T-shirt and a line of credit seems like a great deal. But before you sign up, consider this: On average, college seniors carry more than $2,600 in credit card debt.
What’s more, once you’re in debt, it’s hard to dig out. And outstanding credit card debt can limit your chances of getting a loan later in life – so you might find it hard to buy a house or a new car.
If you want to avoid the debt trap, consider getting a debit card instead of a credit card.
Debit cards offer the convenience of credit cards with one important difference: The money comes directly from your checking account so you can’t spend more than you’re able to pay. Debit cards also function as ATM (automated teller machine) cards, so you can get cash when you need it.
Debit cards can help you avoid falling into debt. If you are over the age of 18 and have a checking account with Unison, you are eligible for a FREE debit card. Unison debit cards work with any PLUS or STAR ATM machines nationwide. Unison also offers FREE transfers within our ATM network. Unison ATMs are available at all of our locations in Kaukauna, Little Chute and Wrightstown. Enjoy the convenience of using a Unison Visa® debit card. Contact Unison Credit Union to find out more.