College students are the #1 target of banks issuing credit cards with incentives like free t-shirts, movie tickets and shopping coupons." says Howard Dvorkin, MBA, CPA president and founder of Consolidated Credit, a non-profit credit counseling agency. Some colleges have banned credit card operators from campus. Others invite them since the college gets a kick-back revenue from the card issuers. The newest generation of adults isn't showing much promise in the area of financial responsibility. The latest statistics available show that people age 25 to 34 account for the second-fastest growing percentage of those filing for bankruptcy. "Students can't face the consequences of huge credit card debt right out of school or even five to six years later," Dvorkin continued. Students can't face the consequences of huge credit card debt right out of school or even five to six years later Consolidated offers these tips: •

DO view credit as an investment in your future. Using credit wisely builds a good credit history; allowing you to get a job, a car, and a home. •

DO review your bill promptly. This helps you pay on time and protects you from identity theft and unauthorized charges. •

DO order your credit report. Your credit report is your financial report card. It needs to be accurate so you can apply for other loans for a car or a condo. •

DON'T apply for more credit cards if you have balances on others. •

DON'T feel pressure to get a credit card if you don't want one. Say "no" to salespeople. •

DON'T pay your bills late it affects your credit rating dramatically. •

DON'T spend more than you can afford. A credit card is not play money; it's a loan with an obligation to repay. •

DON'T ignore signs of trouble. If you pay only the minimum, pay late or use cash-advances for living expenses, you might be in the credit "danger zone." •

DON'T give out your card number; be alert to identity thieves and scam artists.