June 22, 2010
Colleges are selling databases containing the personal information of students and alumni to credit card companies. Under these arrangements, called “affinity” contracts, schools can earn bonuses for every card a student opens, and can earn additional bonuses when students carry a balance.
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February 22, 2010
Minnesota Attorney General (AG) Lori Swanson has sued 6 debt settlement companies on the grounds they were not licensed to do business in Minnesota and overcharged consumers by hundreds of thousands of dollars. She commented: “People who are swimming in debt are often desperate for a life preserver, but they should know that debt settlement [...]
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