Author:
Publisher: DIANE Publishing
ISBN: 1428946675
Category :
Languages : en
Pages : 78
Book Description
Consumer finance college students and credit cards : report to congressional requesters.
Author:
Publisher: DIANE Publishing
ISBN: 1428946675
Category :
Languages : en
Pages : 78
Book Description
Publisher: DIANE Publishing
ISBN: 1428946675
Category :
Languages : en
Pages : 78
Book Description
Consumer Finance
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : College students
Languages : en
Pages : 80
Book Description
Publisher:
ISBN:
Category : College students
Languages : en
Pages : 80
Book Description
College Credit Card Agreements
Author: Consumer Financial Protection Bureau (CFPB)
Publisher: CreateSpace
ISBN: 9781511400565
Category :
Languages : en
Pages : 116
Book Description
The Credit Card Accountability, Responsibility and Disclosure Act ("CARD Act") requires the Consumer Financial Protection Bureau (CFPB) to submit to Congress, and to make available to the public, an annual report that lists information submitted to the Bureau concerning agreements between credit card issuers and institutions of higher education or certain organizations affiliated with such institutions. This report refers to these agreements as "college credit card agreements" or simply "agreements." Affiliated organizations include fraternities, sororities, alumni associations, or foundations affiliated with or related to an institution of higher education. Title III of the CARD Act contains a number of provisions designed to provide protections to college students and younger consumers. For example, the Act restricts the marketing of credit cards to college students on or near college campuses or at school-sponsored events by prohibiting the use of gifts or any tangible items to induce students to apply for credit cards. Section 305 of the CARD Act was intended to bring greater transparency to the college and university credit card market. Implementing regulations require that credit card issuers submit to the Bureau each year the terms and conditions of any college credit card agreement that was in effect at any time during the preceding calendar year between an issuer and an institution of higher education. This report is based on the information and agreements submitted to the Bureau by credit card issuers. The information is current as of the end of 2013.
Publisher: CreateSpace
ISBN: 9781511400565
Category :
Languages : en
Pages : 116
Book Description
The Credit Card Accountability, Responsibility and Disclosure Act ("CARD Act") requires the Consumer Financial Protection Bureau (CFPB) to submit to Congress, and to make available to the public, an annual report that lists information submitted to the Bureau concerning agreements between credit card issuers and institutions of higher education or certain organizations affiliated with such institutions. This report refers to these agreements as "college credit card agreements" or simply "agreements." Affiliated organizations include fraternities, sororities, alumni associations, or foundations affiliated with or related to an institution of higher education. Title III of the CARD Act contains a number of provisions designed to provide protections to college students and younger consumers. For example, the Act restricts the marketing of credit cards to college students on or near college campuses or at school-sponsored events by prohibiting the use of gifts or any tangible items to induce students to apply for credit cards. Section 305 of the CARD Act was intended to bring greater transparency to the college and university credit card market. Implementing regulations require that credit card issuers submit to the Bureau each year the terms and conditions of any college credit card agreement that was in effect at any time during the preceding calendar year between an issuer and an institution of higher education. This report is based on the information and agreements submitted to the Bureau by credit card issuers. The information is current as of the end of 2013.
Problem Credit Card Practices Affecting Students
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
Book Description
Credit Cards, Marketing to College Students Appears to Have Declined
Author: U.s. Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781973957676
Category :
Languages : en
Pages : 42
Book Description
" Institutions of higher education, alumni groups, and other affiliated organizations may enter into agreements with credit card issuers for "college affinity cards," in which issuers use the institution's name or logo in exchange for payments. Separately, some credit card issuers offer "college student credit cards," which are expressly targeted to students. Partly in response to concerns about card issuer practices and rising student credit card debt, Congress passed the Credit Card Accountability Responsibility and Disclosure Act of 2009. The act includes consumer protections and requires disclosures specifically for consumers under the age of 21, including limits to on-campus credit card marketing and requirements for public disclosure of affinity card agreements. The act mandates that GAO review these agreements and assess their effect on student credit card debt. This report examines (1) trends associated with and characteristics of college affinity card agreements, (2) the extent of marketing for college affinity cards and college student credit cards, and (3) what is known about the effect of use of these cards on student credit card debt. GAO analyzed data from the Federal Reserve and CFPB, including a sample of 39 affinity agreements filed by the issuers.
Publisher: Createspace Independent Publishing Platform
ISBN: 9781973957676
Category :
Languages : en
Pages : 42
Book Description
" Institutions of higher education, alumni groups, and other affiliated organizations may enter into agreements with credit card issuers for "college affinity cards," in which issuers use the institution's name or logo in exchange for payments. Separately, some credit card issuers offer "college student credit cards," which are expressly targeted to students. Partly in response to concerns about card issuer practices and rising student credit card debt, Congress passed the Credit Card Accountability Responsibility and Disclosure Act of 2009. The act includes consumer protections and requires disclosures specifically for consumers under the age of 21, including limits to on-campus credit card marketing and requirements for public disclosure of affinity card agreements. The act mandates that GAO review these agreements and assess their effect on student credit card debt. This report examines (1) trends associated with and characteristics of college affinity card agreements, (2) the extent of marketing for college affinity cards and college student credit cards, and (3) what is known about the effect of use of these cards on student credit card debt. GAO analyzed data from the Federal Reserve and CFPB, including a sample of 39 affinity agreements filed by the issuers.
Consumer Finance College Students and Credit Cards
Giving Consumers Credit
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 180
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 180
Book Description
Credit Card Practices
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Consumer finance, credit cards designed for medical services not covered by insurance
Consumer Finance
Author: United States Government Accountability
Publisher:
ISBN: 9781296014353
Category :
Languages : en
Pages : 82
Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Publisher:
ISBN: 9781296014353
Category :
Languages : en
Pages : 82
Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.