Credit cards, college students and co-signers
Gone are the days of credit card recruiters on campus giving away stuffed animals to any first-year students willing to sign up for easy credit: New regulations on card issuers require any cardholder under 21 years old to have an adult co-signer on the card.
Takeaway finance contributor Beth Kobliner joins us to talk about the new rules and what they’ll mean for students and parents this fall.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!