College organizations were paid $50.4M for the issuance of credit cards to students by 23 issuers in 2012; $35.6M of that was paid by a BofA subsidiary....
A new infographic visualizes the current state of credit cards in the U.S. and provides statistics on things like number of active cards, purchase volumes, etc....
In the post-Lehman years, the U.S. government and government-sponsored enterprises have become the biggest holders of consumer debt and their lead is widening....
Debt collection is a perfectly well regulated and monitored area as it is and the CFPB is wasting governmental resources and money in dealing with it....