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15 Little Life Hacks

If you’re in debt, here’s an opportunity to be featured in Businessweek

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Jessica Silver-Greenberg, a Businessweek reporter, got in touch with me today. If you’re struggling with credit card debt, she wants to talk to you for an an upcoming Businessweek article.

My name is Jessica Silver-Greenberg and I am a Businessweek reporter working on a story about credit card debt amongst college students. We are looking at the prevalence of credit card debt and how credit card companies market and ultimately deceive college aged students with fluctuating interest rates and fine print deception. I am looking for college students or very recent college grads who are struggling with credit card debt. I would love to interview anyone who fits this description for the article.

You can contact me at Jessica_silver-greenberg@businessweek.com.

For more on this, check out the 130+ unbelievable stories about debt from iwillteachyoutoberich readers here.

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9 Comments on "If you’re in debt, here’s an opportunity to be featured in Businessweek"

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Mike
Mike
9 years 1 month ago

Personally, I’m tired of the same ol’ story about how credit card companies maliciously prey on young card users by using fluctuating interest rates and fine print deception. I wish journalists would get to the heart of the matter…

It’s the FREE T-SHIRTS that lure us in and get us to sign up for that new cards with high annual fees, high interest rates, and no grace period.

TJF
TJF
9 years 1 month ago
Its the FREE T-SHIRTS they give us when we are DRUNK on our way to the stadium or inside of the stadium during football games! I would e-mail her, but I knew full well what I was doing when I got into 6k in alcohol related credit card debt during college. I tried/got low rates on my cards, and never signed up for those stupid free t-shirt things. I’m just getting screwed now with everyone supposedly upping rates. My 8.9% cards (fixed, always paid more than the minimum on time) have suddenly jumped up to 15% and 23%…(I actually read… Read more »
April D
April D
9 years 1 month ago

You got a card for the free t-shirt? That’s just stupid. I did it for a frisbee.

Starving Artist
9 years 1 month ago

Yep. It’s been about ten years and I still have that free t-shirt. When I get my credit card debt FINALLY paid off in a few months, I’m burning the damn thing.

hypatia
hypatia
9 years 1 month ago
Fooled? Well, I could see how it would happen. My mother forbade me to get one of those cards. She said the terms were unfair. Turns out cards geared towards boomers have much nicer terms. (Took me a while to get a CC, later, but there were other issues there.) I’ve never been in CC debt, but my girlfriend did get tripped up. She wasn’t fooled, either (her mother steered her to good cards), but she did get in a situation where she was spending her paycheck before it arrived. Between an $800 Verizon bill (which was more VZ’s mistake… Read more »
Kat
Kat
9 years 1 month ago
I was thinking the same thing, and the two previous commenters beat me to it. Yes, I have credit card debt that I’m aggravated at, but I knew full well what was happening and how the credit card companies would treat me. They did not deceive me, I read all the documentation and knew exactly what power they had. The only thing that I didn’t truly comprehend was the concept that I was borrowing against my future. I’m now IN my future and paying back my past. But I think that is a difficult concept for people, especially young people,… Read more »
Moneymonk
9 years 1 month ago

I agree with Mike, this is more of the same. They have been movies, articles, blogs and radio shows about the danger of credit cards. It is time for students to take on some responsibility.

I do not own a credit card. And I may never in the future after reading how deceptive these companies are.

sri
sri
9 years 28 days ago
How things change….when i was a student, i applied for a credit card to get free T shirts, slinky’s and other crap. 10 years later, i only apply for credit cards that give around $200 worth of bonuses etc. Man, think about how much commission those guys who make u sign up make!! Getting credit card for foreign students are especially bad. We have ZERO idea on what this credit card means (at least in my time). Maybe its true for American students too…dont know! I remember getting my first card and it said “Platinum” on it. I was all… Read more »
A Million Paths
9 years 27 days ago

A lot of the movies/articles/ blogs about the dangers of credit card debt aren’t directed at young people, so they often don’t learn about the dangers until they’re in debt. I really think that there should be comprehensive financial information requires as part of the high school curriculum.

It’s kind of ironic that it’s easier to get a card as a college student with no job and no credit history, then if you wait until you graduate and have a job.

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