Credit.com: Absolutely do not be tempted to pay for college this way

“Get 5% cash back! Earn 10,000 airline miles!”

Credit card offers and promotions are everywhere. All those rewards are tempting and can get you thinking of ways to get the most out of your credit card.

With the high cost of college tuition, you might be wondering if you can use a credit card to pay for school and get rewards. But before handing over your card, you should know there are significant risks involved.

4 issues to consider before using a credit card to pay for college

It seems like a great idea: If you earn 1% cash back on all purchases and use your card to pay a $10,000 tuition bill, you’ll get $100 in rewards.

>>> Original Source <<<