The endless responsibilities and big decisions of college life can get overwhelming. What major to choose, where to live, and not to mention, what I’m going to do with my life. Lately, on top of it all, my financial future has been weighing on my mind. I knew I needed to start building credit to make sure I could qualify for the dream job and the awesome apartment.
But I really don’t have the time and energy to worry about a credit card. That's if I even got approved. I need to spend a ton of money to go to college…so that I can earn money. I need to have an internship to gain experience…so that I can get an internship. I need a credit card to build credit…so that I can get other lines of credit? It's a messed up system.
That's when I found out about BoroCash. I like that BoroCash is actually designed for college students. It’s like the internship that accepts you in spite of the fact that you've never had an internship. BoroCash was created to give college students a chance to build credit history and even after having it for a few months, there a lot of reasons that I prefer it over a credit card.
It’s convenient – I downloaded the app and got started in minutes.
BoroCash is super easy to use. I downloaded the app and applied within minutes. Once I was approved, I was able to get my BoroCash in my bank account in just a couple days. It’s that easy. Plus, I don’t have time to spend digging for information about credit on top of studying. BoroCash makes learning about credit convenient and provided me all of the information I needed right on the app.
It’s simple – I know my monthly payments and they’re automatic.
One of the best parts of BoroCash is the automatic payments. I was worried about getting a credit card because I didn’t want to forget any payments and ruin my credit. With Borocash, payment is pulled right from my bank account and I don’t have to lift a finger. Plus, if I do want to make a payment early, I can do it right from the app.
It’s flexible – I choose my terms and if I want to recharge my account.
I’ve already had to make so many big decisions and commitments throughout college. I knew that when it came to credit cards, it was another long-term commitment. Closing a credit card account can actually hurt my credit. With BoroCash, when my cash is paid off, I can decide if I want to borrow more.
It’s upfront -- There are no hidden fees, minimums, or crazy interest rates.
I felt the safest using BoroCash. I am so much more comfortable knowing my monthly payment and interest rate upfront. Since I’m tight on cash, I can’t afford for a credit card interest rate to switch up on me and end up overspending.
Like most college students, I’m just starting to learn how to take control of my finances and credit profile. Getting started with BoroCash was the most convenient, simple, flexible, and upfront option for me to get started and take control of my future.