Credit Cards Might Not Come So Easily to College Students

It’s no secret that college students often find themselves with a mountain of credit card debt to go along with their college diploma. All over the United States, credit card issuers set up shop right on college campuses- enticing students to sign up for their credit card by giving away prizes and bonuses, sometimes as good as ipods or other high-ticket items.
Assembly Bill 262 is now on the California Governor’s desk. If its approved, part of that bill will put a stop to credit card companies setting up tables or otherwise hanging out on university campuses with their bag of tricks and prizes to lure the students into signing the dotted line.