Do you think George will be approved for one of the three cards on his list? Why or why not? note this about george:
• College junior; recently turned 21
• Responsible approach to money; has a budget and emergency savings fund of $1,000
• Works 10 hours per week at local retailer during school year earning $10/hour
• Has $20,000 in federal student debt; not planning to start payments until grace period ends
• Had trouble renting an off-campus apartment when the landlord couldn’t find his credit score
• When George ran credit report, he discovered that he had no credit history