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(TRENTON) - Bipartisan legislation sponsored by Assemblywomen Celeste Riley and Connie Wagner to prevent credit card companies from preying on college students is now law.
"This law will protect many unsuspecting college students from the predatory practices often employed by credit card companies," said Riley (D-Cumberland/Gloucester/Salem). "College students are often unaware of the consequences of bad credit and many more don't realize the exorbitant interest rates they're charged. In many cases, students end up graduating more in debt to credit cards than student loans. This law will help curb that likelihood."
The law (A-1688) prohibits a public institution of higher education in New Jersey from entering into an agreement, or permitting its agents or a student organization from entering into any agreement, for the purposes of the direct merchandising of credit cards in person or by displays to students.
Contact Eva Loayza at (609) 847-3500
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"Christie’s method for coping with scandal has been more complicated. In January, the seemingly-local issue of lane closings on the George Washington Bridge, which created a massive traffic jam in the Hudson River town of Fort Lee, became one of national interest when it was revealed that one of Christie’s closest staffers had ordered them—for what looked like political retribution against a Democratic mayor. The scandal was quickly dubbed 'Bridgegate,' and unfortunately for Christie, it played into his reputation as a bully. Christie's response was to act unlike himself: humble." - Olivia Nuzzi- The Daily Beast
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