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AFFIL Partner US PIRG Launches "FEESA: Free Gifts Now; Huge Fees Later"
By:
Sbyrnes
On: 2007-10-12
A National Campaign To Eliminate Unfair Credit Card Marketing On College Campuses - The project will educate students about credit card practices and will urge colleges to adopt principles for responsible credit card marketing. Credit card companies are targeting college students with enticing teaser offers for low-cost credit cards that turn into a credit card “trap” with high fees and penalty interest rates. Often, the card companies set up tables right on campus and hand out free gifts to applicants. The students, already facing high and increasing costs of education, may be misled into taking on high-cost credit card debt. For more information, visit http://www.truthaboutcredit.org.
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