In a year when any headline involving the term “credit” has been overwhelmingly negative, it seems that consumers may see some good news associated with credit shortly.
New rules which were proposed earlier this year would prohibit credit card companies from increasing rates at will, with some exceptions such as those that apply to people who [...]
Entries Tagged as 'credit card rules'
Happy Holidays, Credit Card Users: Reform is on its Way!
December 16th, 2008 · No Comments · Banking, Consumer Debt, Consumer Info, Credit Cards
Tags: credit·credit card changes·credit card reform·credit card rules·Credit Cards·credit news·Federal Reserve
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
