Students warned against on campus card marketing
AP reports that colleges see recruiters offering freebies to lure students into credit card applications. USPIRG cautions that campus marketing raises risk of debt and damaged credit, while Visa and other issuers defend such programs as a path to building credit history. Senate bankruptcy overhaul prompts added limits, with Dodd proposing under 21 restrictions and guardian signatures.
MENTIONED IN THIS ARTICLE
Washington
US Public Forest Research Group
Visa USA Inc
fasterCard International
Mar
Senate
House
Christopher Dodd
D-Conn
Uspirg
Ed Mierzwinski
David Sandor
Visa
FCC proposes clearer phone bills to curb cramming
The FCC proposes restructuring bills to clearly summarize services and flag changes, with plain language descriptions of all charges. Regulators cite consumer confusion and rising complaints about cramming and third party subsidies, urging uniform billing details and posted company information.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
FCC
Bill Lennard
Gloria Fristani
Michael Powell
Commission
Bell Atlantic
Susan Butta
At&t
Wayne Jack
Susan Ness
BellSouth
Gene Kimmeman
Consumers Union
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