Consumer group warns students on campus card marketing
A U S Public Interest Research Group survey finds on campus credit card campaigns lure students with freebies like T shirts Frisbees and coffee mugs. The study notes higher unpaid balances among students who obtain cards at campus tables, while Visa and MasterCard defend marketing as a path to credit history. Senate debate on bankruptcy overhaul and age 21 marketing restrictions frame the controversy.
MENTIONED IN THIS ARTICLE
Washington
U.S
Public Interest Researc Group
Visa USA Inc
MasterCard International Defend
Nctal
U.S. Pirg
Ed Sierewincki
David Sander
Visa
Senate blocks ban on ATM surcharge reform drive
Senate defeats amendment to bar double ATM charges as part of bankruptcy overhaul debate. D'Amato vows continued push while Boxer pledges ongoing fight. House already passed tougher bankrupcy bill. reconciliation unclear with Senate version.
MENTIONED IN THIS ARTICLE
Washington
Senae
Senalfonso D’amato
D’amato
R-N.y
Senate
Barbara Boxer
D-Calif
Jack Reed
D-R.j
Christopher Dodd
D-Conn
House
Congress
Charles Schumer
D-N.y
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