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Entries Tagged as 'Credit Card Accountability Responsibility And Disclosure Act'

Banks to Issue New Checking, Credit Card Fees

January 4th, 2010 · No Comments · Banking, Consumer Info, Credit Cards

We’ve already seen banks rush to slip in as many money-making fees and raise interest rates as much as possible before the new credit card legislation kicks in in February. For months, banking experts having been spouting predictions on how badly the banks are going to start sticking it to us. Now [...]

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Under 21? Getting a Credit Card Will Soon be More Difficult

August 12th, 2009 · No Comments · Consumer Debt, Credit Cards

As with many things in life and politics, the new credit card legislation signed in May by President Barack Obama provides the hope for positive change along with the potential for some negative change.
The Credit Card Accountibility, Responsibility and Disclosure Act of 2009 raises the age of accountability for credit card usage from 18 to 21 years [...]

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Pre-Paid Credit Cards Not Covered by New Credit Card Legislation

July 1st, 2009 · 1 Comment · Banking, Credit Cards

People turn to prepaid credit cards form different reasons. For example: they are unable to get a checking account or they are teaching their children to be responsible with money by limiting what they spend.

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