Great new credit card rule

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For better or worse, new laws that take effect on Monday are poised to curb the proliferation of credit cards on college campuses, making it tougher for Perretta, Bush and other students to get credit cards.

via Congress makes it harder for youths to get credit cards – Feb. 21, 2010.

Hopefully, this will begin to stem the tide of predatory lending that the banks have foisted upon college students in the form of credit cards for decades now.

Written by Jason Gooljar

February 21st, 2010 at 6:48 pm

Posted in Government

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