Schools

Consumer Financial Protection Bureau Report Finds Continued Decline in College Credit Card Agreements

Most Colleges with Credit Card Agreements Do Not Make Them Easily Accessible to Students

WASHINGTON, D.C. —(ENEWSPF)—December 15, 2014. Today the Consumer Financial Protection Bureau (CFPB) released its annual report on college credit card agreements, which shows a nearly 70 percent decline in the number of agreements since Congress passed new disclosure requirements in 2009. These findings highlight the trend of marketing partnerships between colleges and financial institutions shifting from credit cards toward other products…

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