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Connecticut restricts credit card marketing on campuses

Connecticut has joined several other states that are seeking to restrict or forbid credit card marketing activities on campus. Gov. M. Jodi Rell signed legislation that sets strict parameters for credit card companies as to when, where and how they can market to students.

The law also orders the Board of Governors of Higher Education to create a new policy by Jan. 1, 2010, to force credit companies to register with state colleges and universities.

It prevents companies from signing up students for credit cards during orientation and class registration and forces companies to give educational materials on how to retain good credit ratings. The law also bans companies from giveaways at sports events and prevents educational institutions from giving the names and addresses of students to credit card companies.

Read more here.

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