RENEE MONTAGNE, host:
NPR's business news starts with credit cards on campus.
(Soundbite of music)
A new report shows just how pervasive credit cards are. The U.S. Public Interest Research Group says students receive an average of five mailings and four phone calls each month. Six percent of students have had cards canceled for delinquency. The report also criticizes card companies' marketing tactics, such as renting tables from campus activity groups and paying them fees and commissions for every completed application.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.