Why the Credit CARD Act Is Actually REALLY BAD for Students

Posted On: September 11, 2009

While many people have written about how the CARD Act may affect the availability and cost of credit in general, little criticism has been raised about the student/under 21 provisions. Here are four ways the CARD Act hurts students or young adults:
1. The Credit CARD Act Is Discriminatory
Sec. 201.B of Reg B issued by the [...]