A study in the United States found that eighty-four percent of undergraduates last year had at least one credit card.
VOA: special.2009.05.28
These come at a time of recession when banks are reporting billions in losses in their credit card divisions.
VOA: special.2009.05.22
To get a credit card, they will need a parent or other adult over twenty-one to accept joint responsibility.
VOA: special.2009.05.28
A bill to place new restrictions on the credit card industry in the United States won final approval this week in Congress.
VOA: special.2009.05.22
Instead of fine print that hides the truth, we need credit card forms and statements that have plain language in plain sight."
VOA: special.2009.05.22
And they are urged to offer credit card and debt education and counseling sessions to all new students.
VOA: special.2009.05.28
She says the main value of the new credit card act is that it "provides an opportunity for consumers to have more information."
VOA: special.2009.05.22
Millions of Americans now use a debit card or credit card, instead of paper money or checks, to make most of their purchases.
VOA: special.2009.05.21
And credit card companies may not offer gifts on or near a campus to persuade students.
VOA: special.2009.05.28
Americans held nine hundred forty-six billion dollars in credit card debt at the end of March.
VOA: special.2009.05.22
He says the combination of credit card debt and big student loans is burying young people in debt and driving many of them to bankruptcy.
VOA: special.2009.04.10
President Obama recently said it was time for credit card reform: "Instead of an 'anything goes' approach, we need strong and reliable protections for consumers.
VOA: special.2009.05.22
With a credit card, you are borrowing money every time you use it.
VOA: special.2009.05.21
Credit card companies say the changes will only reduce the availability of credit.
VOA: special.2009.05.22
The government says forty-five percent of college students have credit card debt.
VOA: special.2009.04.10
Last Friday, President Obama signed into law a credit card reform bill.
VOA: special.2009.05.28
Colleges will have to make public any agreements with credit card marketers.
VOA: special.2009.05.28
In his weekly address, Mr.Obama called on Congress to pass reforms in the credit card industry by the end of the month.
VOA: standard.2009.05.09
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