A new study helps prove that the economy is responsible for higher credit card interest rates, not the Credit CARD Act created by Dodd-Frank financial reform.
Entries Tagged as 'Credit Card Act'
Economy, Not CARD Act, Responsible for Rising Credit Card Interest Rates?
August 1st, 2011 · No Comments · Credit Cards
Tags: credit·Credit Card Act·Credit Cards·Dodd-Frank·Economy·financial reform·Interest Rates
Colleges Received $73 Million to Help Card Companies Market to Students in 2010
July 25th, 2011 · 3 Comments · Credit Cards
According to a new report from the Federal Reserve, in 2010 credit card companies paid colleges and universities $73 million in exchange for being allowed to market cards to college kids.
Tags: college·Credit Card Act·Credit Card Companies·Credit Cards·Dodd-Frank·Federal Reserve·student credit cards
Report Confirms Credit Card Costs Holding Steady
June 9th, 2011 · No Comments · Credit Cards
Contrary to critics’ beliefs, the Center says credit card interest rates and fees have not gone up in the wake of the Credit CARD Act that went into effect last year.
Tags: CARD Act·Center for Responsible Lending·Credit Card Act·Credit Cards·Interest Rates
Credit Card Interest Rates, Fees Holding Steady [Pew Study]
May 11th, 2011 · No Comments · Credit Cards
A new Pew Charitable Trusts study shows credit card issuers have not raised interest rates and fees – in the wake of the Credit Card Act – as experts had predicted.
Tags: Annual Fees·Credit Card Act·Credit Cards·Interest Rates·penalty fees·Pew Charitable Trusts·Pew study
