Financial Services Industry
Industry: Email Alert RSS FeedCampus card crackdown, etc - credit cards for students - Brief Article
Kiplinger's Personal Finance Magazine, April, 1999 by Melynda Dovel Wilcox
CREDIT TIGHTENING: Colleges are making it tougher for credit card issuers to solicit on campus. Concerned that students are piling up too much debt, some schools are banning credit card companies, while others are charging marketers more to set up tables, relegating them to less-traveled areas on campus and limiting their visits to a few days.
BUT CAN YOU FLIP THEM? Visit www.cyberaction.com for a look at the latest in sports memorabilia: digital baseball cards. For $3.95 you can download a pack of three or four cards along with audio and video clips, such as a 1920s film of Babe Ruth. Online trading should begin this summer.
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THE DOWNSIDE OF CHEAP GAS: For the first time ever, the IRS has lowered the standard mileage reimbursement for business use of a personal car. Effective April 1, the rate falls from 32.5 cents per mile to 31 cents.
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