in the not too distant past, credit card companies tried to entice every student within a Frisbee’s throw of a college green to signup for entry-level cards by offering perks like free airline flights. While that practice was a way for lots of undergrads to demonstrate they were ready for the adult responsibility of repaying their debts – and hence establishing good credit – it also resulted in too many young people drowning in credit card debt. It was an unpopular enough marketing tactic that the Credit CARD Act of 2010 largely eliminated those campus credit card promotions.
Tag: students
CardFlex’s Student Prepaid Debit Card Are Providing Universities and Students with Both Financial & Facility Security
In the wake of the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (CARD Act), college students are no longer finding themselves inundated with high-interest credit card offers. With debit card popularity on the rise, both students and campuses are taking advantage of the financial and facility security offered by debit cards. The rising… Continue reading CardFlex’s Student Prepaid Debit Card Are Providing Universities and Students with Both Financial & Facility Security
Serve from American Express and Chegg Partner to Empower College Students
In a recent announcement, Serve from American Express announced its agreement with Chegg, the nation’s leading online student hub, to give college students a new way to receive payments for selling textbooks. Through this agreement, students will not only be able to receive payments through the company’s textbook buyback program exclusively through Serve from American… Continue reading Serve from American Express and Chegg Partner to Empower College Students