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Marketing Credit Cards Connecticut House of Representatives
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Connecticut's House of Representatives has endorsed a bill tightening rules on how companies market credit cards at colleges.
The bill would bar companies from soliciting undergraduates at Connecticut's public colleges during class registration, or using gifts and other application incentives. It also bars the companies from pursuing students' parents or guardians to collect the students' unpaid debts.
The House approved the bill on a 143-0 vote Thursday and sent it to the Senate.
According to a survey by U.S. PIRG, a nonprofit public policy organization, two-thirds of college students have at least one credit card. A quarter of the respondents said they had paid at least one late fee.
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