Bureau seeks information on financial products marketed to students by colleges
WASHINGTON, D.C.–(ENEWSPF)–January 31, 2013. Today, the Consumer Financial Protection Bureau (CFPB) announced that it is launching an inquiry into the impact of financial products marketed to students through colleges and universities. The CFPB intends to use the information gathered to determine whether these arrangements are in the best interest of students.
“We have seen many colleges establish relationships with financial institutions to offer banking…
