student credit card
How Colleges Are Still Getting Rich Off Your Kids
12:00PM 7/26/2011
JP Morgan Chase, Bank of America, College Finance, Banking, Consumer Ally, Debt, Credit Cards
For years, credit card companies have targeted college students to gain access to a lucrative source of profits: student debt. And despite laws designed to stop the practice, colleges and universities are still taking huge payments from card companies -- at your kids' expense.
Consumer advocates say most Americans are unaware of the cozy relationship many colleges have with credit card companies, and they applaud New York State's efforts to intercede at its public colleges. As we told you yesterday, the state's 64 SUNY campuses agreed to a code of conduct drawn up by New...
What will new credit card rules mean for those under 21?
8:00AM 6/08/2009
The new credit card rules signed into law recently herald a great deal of positive changes, but one requirement sticks out as an odd addition. The requirement that individuals under 21 need a parent or guardian to co-sign for a credit card has the capacity to leave many otherwise responsible...
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