Last month, the Senate Banking Committee narrowly approved legislation that would curb some fee and interest hikes by credit card companies, while simplifying gift card use. The Bill, referred to by multiple names including the Credit Card Accountability Bill, Responsibility and Disclosure Act, or CARD Act, reached this latest hurdle one day prior to April [...]
Entries Tagged as 'credit card legislation'
Credit Card Accountability Bill Narrowly Passes Senate Banking Committee
April 14th, 2009 · No Comments · Banking, Consumer Debt, Credit Cards
Tags: 2009 proposed credit card reform·CARD Act·Credit Card accountability bill·credit card legislation·credit card reform·Credit Cards·Responsibility and Disclosure act
More Action Needed to Move Credit Card Bill of Rights Forward
August 28th, 2008 · 1 Comment · Consumer Debt, Credit Cards
Back in July, one of Kristy’s blog posts urged readers to speak up and comment on credit card rules. Well, it appears that at least some of your comments were heard, as the bill that would abolish unpopular credit card industry practices passed a key U.S. House committee test recently, moving it toward a vote [...]
Tags: ·credit card industry practices·credit card legislation·credit card rules·credit card unfair practices·credit cardholders bill of rights
