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Home » BofA Rules the Roost in Declining College Credit Card Agreements
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BofA Rules the Roost in Declining College Credit Card Agreements

November 12, 2012
From 2009]2011, the number of college credit card agreements, total number of accounts open at year]end, amount of payments by issuers to the university, and number of new card accounts opened during the year all declined, according to the CFPBfs recently released 2012 Annual Report to Congress on College Credit Card Agreements. FIA Card Services, N.A., a subsidiary of Bank of America Corp., submitted 633 agreements, which represents nearly 80 percent of all agreements in effect during 2011, the report indicates...
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