Innovative, Free Tool Helps Students Reduce Burden of Credit Card Debt
Creditcardclients.com today announced the launch of the Student Savings Agent™, a free tool that determines the best credit option for each user, helping students save hundreds of dollars.
The Student Savings Agent™ is an easy two-step online calculator backed by extensive research into the unique structure of credit card offers. This innovative tool quickly evaluates five key aspects of each student's personal credit profile and then lists the top ten credit card offers most beneficial to that particular student. The tool, using complex mathematic calculations that consider interest rates, grace periods, and various fees of each offer, ensures a fair, comprehensive comparison.
"Many students today face the burden of credit card debt. By choosing cards that don’t fit their lifestyles, they are wasting money on fees and interest rates and making it even more difficult to pay down the debt," said Ziv Yirmiyahu, co-founder of Creditcardclients.com. "The Student Savings Agent™ directs students to the most appropriate credit cards in order to avoid these unnecessary pitfalls."
Research shows that one third of college seniors graduate with $3,000 to $7,000 in credit card debt. Furthermore, student debt often outpaces starting salaries, making it impossible for graduates to get out of debt. Many graduates are delaying major life decisions such as marriage (14%) and having children (14%) due to debt. The students' problems are worsened by the challenge of comparing credit options.
To learn more about the Student Savings Agent™ or to calculate the best savings for your lifestyle, visit www.creditcardclients.com/student-savings-agent.
About Creditcardclients.com
Creditcardclients.com is an independent credit card research firm that receives and analyzes information from today’s leading credit card companies. The company’s website gives consumers current information about hundreds of leading credit card offers.