Credit Card Reform - Dangers of Debt Cartoon Contest

Dangers of Debt Cartoon Contest

Congratulations to Mathew Gauvin Winner of the 1st Annual Consumers Union Dangers of Debt Cartoon Contest!

Congratulations to Hannah Viera Winner of the Voters' Choice Award!

With the economy crumbling because of the collapse of the lending industry, more and more college students and families are taking out larger private loans in order to cover skyrocketing tuition and other college costs. Credit card companies on virtually every college campus are luring young people into debt that could spell financial ruin at a young age. The dangers of debt are more real than ever before.

Consumers Union would like to thank our celebrity judges, all the contestants, and the voters for participating in the 1st Annual "Dangers of Debt" Editorial Cartoon Contest! Please peruse the site to learn more about the Dangers of Debt and other Consumer Union campaigns.

Need more information about the dangers of debt and credit cards for young people? Check out our fact sheets:

Are credit card companies slinging credit cards on your campus?
Have you paid large fees when you overdraft your bank account?
Perhaps you are one of the many college students that have been saddled with large student loans with undesirable terms.
Have you, someone you know or a family member received a mortgage loan which has become a financial burden?
Click here to read some startling credit card facts and stats.

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