Credit Card Companpanies Allow Marketing on College Campus

COM/172 Credit nibs companies should non market on college campuses Toni Hitner instructor: Ms. Kate January 27, 2011 Credit separate companies should not market on college campuses. If I was head of a college, I would not eachow them on the campus. Credit card ar not evil that when you are in college, you are vulnerable in a lot of ways. Young adults on their own for the first sequence does not always make the best decision. If young adults are responsible and exigency a source card, by all means, get one. But I think grooms should draw the row at letting credit cards companies set up on the campus promising financial freedom to young adults with deuce dollars in his or her pocket. Complicating the matter is the fact that matter is the major(ip) universities have partnerships with credit card companies to market cards with the grooms name and logo on the card. The school gets citizens committee when these cards get issued to alumni but obviously many students as well. So it is not just a case of devouring(a) credit card companies preying on the young and innocent, but the school makes money off of the students too. A New York Attorney planetarys assistant is currently doing an investigation on credit card companies and college students.

So far, they have found that it is credit card companies often have monetary arrangements with campuses to market credit cards to students. Marketing items such as incentives include giving absent free t-shirts and using peer pressure is some of the play they use to lure eager younger adults into applying for credit cards before they are ready for the responsibility (Latoya Irby, 2010 para 3). some(prenominal) of the disadvantages are: * Not learning monetary responsibility. Students who have not been taught the difference between cash and credit often tonus and act as though they have been handed a bunch of cash that they can spend however they want too. * Building good credit history. It also goes on a persons credit... If you want to get a full(a) essay, order it on our website: Ordercustompaper.com

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