How the 2009 CARD ACT Affects College Students in 2012

CARD Act Comments Off

The Credit CARD Act of 2009 brought about a number of changes in how credit card companies can conduct business properly. A number of these changes, including the ability to apply for and receive a credit card, directly affect college students now in 2012. Pre-paid debit card companies are taking advantage of the “gaps” left by the 2009 CARD Act. How are students finding credit?

UPDATE:
College students who are ready to apply for a credit card, start homepage StudentCreditCards.com
If you are looking for a prepaid credit card, visit PrepaidDebitCards.net
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Student credit cards.com @ January 14, 2012