Why is Personal Finance Education Important?
Credit card and personal finance education on the agenda in NJ New legislation in New Jersey’s state government would require personal finance education including a variety of detailed explanations on credit and debt terminology and consequences for card applicants. The bill sponsored by New Jersey state Senator Barbara Buono and passed unanimously by the Senate Commerce Committee would require lenders to register with colleges and universities annually to announce their presence on campus. The bill would also inhibit lenders from offering a slew of freebies to young adults that sign up for a credit card.
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