Send them back to school with a credit card lesson!
	A college education is expensive enough without piling on huge credit card debt. But the credit card banks are targeting students this fall when they return to campus in a last-ditch effort to make big profits before a new reform law kicks in. What are the banks doing? Offering everything from free college sweatshirts to iPods to get your student to sign up for a credit card. Some even have deals with the college so they can specifically target your student, and then split the profits with the university!

Arm students with a credit card care package

Fight back against these abusive tactics by arming your college student and any other young adults you know with the facts about these “too good to be true” credit card offers! Email them Consumers Union’s free “Money Mom Care Package” which provides guidelines for avoiding the dangers of credit card predators.

Reform won't protect them until 2010

You helped us pass a major credit card reform bill earlier this year that will prohibit companies from luring young adults into debt by prohibiting free gifts when applying for a credit card. It also stops the flood of easy credit by requiring those under 21 prove their ability to repay their debt or obtain a cosigner. But the law doesn’t take effect until next February, and the banks are licking their chops until then at a new wave of prospective customers.

A mistake today will hurt them for years

Make sure your student and others you know have the facts about easy credit. The average undergrad carries a $3,170 balance, and can face interest rates up to 35 percent if they miss a payment. A mistake made at 18 can stay on their credit report until they are 25 hurting their chances at renting an apartment or buying a car.

Forward them our free “Money Mom Care Package” today, and arm your college student with the facts about credit cards.
Click Here To Explore and Send The Care Package