Student Credit Card News
- Students using their credit cards less often
Category: Student Credit Card News
December 2, 2011
New federal laws designed to help prevent students from obtaining credit cards if they couldn't afford them seem to be working as planned, as use of these accounts has declined significantly in the past few years.more
- Students still getting credit cards, but at slower rate
Category: Student Credit Card News
June 4, 2011
Despite laws designed to prevent young adults from being able to easily obtain credit cards, many are still doing so by exploiting loopholes in lending laws. However, the overall number of students with these accounts has slipped.more
- Loopholes remain in student lending laws
Category: Student Credit Card News
May 9, 2011
Provisions of the Credit Card Accountability, Responsibility and Disclosure Act prevented lenders from offering college students physical gifts when they opened new accounts. As a consequence, institutions are giving young adults more attractive offers.more
- Young adults taking on fewer credit cards
Category: Student Credit Card News
March 8, 2011
The Credit Card Accountability, Responsibility and Disclosure Act prohibited a number of practices that may have led to young Americans taking on too much debt, and the law seems to be working as intended.more
- Preapproved credit card offers still being sent to students
Category: Student Credit Card News
January 10, 2011
Many college students are still receiving offers for preapproved credit card accounts from major lenders despite laws designed to prohibit this practice.more
- Lenders paid colleges $83.5 million for promoting credit cards
Category: Credit Card News, Student Credit Card News
October 29, 2010
Over a thousand colleges, universities and affiliated organizations across the country had agreements with credit card lenders that saw them promote accounts to students, faculty, staff and alumni. These groups received millions for their participation.more
- New campus cards not affected by overhaul laws
Category: Credit Card Legislation News, Credit Card News, Student Credit Card News
October 5, 2010
Congress enacted a series of laws designed to help protect college students from harmful practices that could lead to piling up thousands of dollars worth of credit card debt. But a new offer that's grown increasingly popular on campus is not governed by these rules.more
- College students paying for cosigners
Category: Credit Card News, Student Credit Card News
October 2, 2010
Though federal laws now prohibit people under the age of 21 from obtaining a credit card without a co-signer or proof that they can afford the payments themselves, some young adults are still skirting the law.more
- Lenders still targeting college students
Category: Credit Card News, Student Credit Card News
September 28, 2010
They may not be able to offer free T-shirts and baseball hats on campus, but lenders are still aggressively pursuing college kids who may not have the financial know-how to properly manage a credit card.more
- Colleges making millions on credit card agreements
Category: Student Credit Card News
September 21, 2010
Many universities across the country may have long-standing but little-known agreements with credit card lenders and those contracts are making both parties millions.more
- College offering students credit card education
Category: Student Credit Card News
August 28, 2010
Many college-age consumers struggle with their finances, particularly if they have unwisely used a credit card. However, one college in South Carolina is now offering students a way to learn the ropes without putting their credit at risk.more
- Universities selling student information to lenders
Category: Student Credit Card News
June 14, 2010
More students are leaving college with significant credit card debt every year, and the schools they attended may be contributing to the problem.more
- Prepaid cards offer alternative to co-signing for credit accounts
Category: Student Credit Card News
March 23, 2010
A New York Times report notes that parents who don't trust their children with credit cards may consider prepaid products.more
- Parents should take the time to teach about credit
Category: Student Credit Card News, Credit Card Legislation News
March 3, 2010
Should make sure kids understand its benefits, pitfalls.more
- Companies still finding ways to market cards on campuses
Category: Student Credit Card News, Credit Card Legislation News
February 26, 2010
New approaches tied to Credit CARD Act.more
- Secured credit cards an option for students
Category: Prepaid/Debit Card News, Student Credit Card News, Secured Credit Card News
February 25, 2010
New law makes it harder for young people to build credit score.more
- Rules regarding credit card offers to younger people take effect
Category: Student Credit Card News, Credit Card Legislation News
February 22, 2010
Those under 21 will need co-signer or proof of income.more
- Prepaid credit cards an option for students facing new rules
Category: Student Credit Card News, Credit Card Legislation News
February 9, 2010
Credit CARD Act limits the ability of those under 21 to get credit.more
- New regulations from Fed limit credit card offers for young people
Category: Student Credit Card News, Credit Card Legislation News
January 14, 2010
Those under 21 will have to get a cosigner for accounts.more
- Connecticut law for credit card offers at colleges takes effect
Category: Student Credit Card News, Credit Card Legislation News
January 4, 2010
Restricts companies' ability to sign up students.more
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