With A-level results in the bag many students are preparing to head off into the big wide world of university.

Not only will most of them be fending for themselves, likely for the first time, approaching a life changing experience; they will also be entering into the land of credit.

With the new academic year soon approaching it's important that students are well equipped financially.

There are a number of banks that are offering student friendly accounts, loans and credit cards but it's vital that all this credit comes with the appropriate advice to ensure they are borrowing responsibly.

It's very tempting for a young student straight out of school or college to get carried away with all the credit available to him/her but they must be aware that it comes at a cost. Though student credit can come with less interest than others they will still have to pay for the luxury of borrowing.

A credit card can be a lifeline for a student in need of text books, lap top or other materials but with the temptation of living it up as a student its even more important to keep a lose eye on your spending.

Credit cards do come with the added bonus of purchase protection, loss protection, offer travel advantages and can help build or rebuild your credit rating. Though this can sometimes be more appealing than a loan you still have to be sure that you are aware of the good and the bad points. Be sure that you get the best deal for your requirements, it's very easy to be tempted by the extra benefits and incentives some cards may offer.

Compare Student Credit Cards.