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6 New Changes To Student Credit Cards

San Francisco Chronicle

September 6, 2010

With increasing frequency, Americans are being warned to eliminate debt in what is considered the new normal. The Obama Administration passed the Credit Card Accountability, Responsibility and Disclosure [CARD] Act of 2009 attempting to remove the sometimes consumer-unfriendly terms that keep Americans from getting out of debt. As part of this bill, extensive overhaul was done to protect college-age students from piling up debt as they enter the workforce. We put together six items of the bill that should be welcome news to students and their parents.

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