Credit Card Blog. Tag: 'new laws'
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Consumer Credit Laws
Do you know there are numerous laws in place to protect consumers. A few include 2009 Credit CARD Act and The Equal Credit Opportunity Act. Learn more about these protections.
Bank of America on the Hot Seat
Bank of America is in the hot seat due to its announcement of charging an annual fee of $59 for close to 2 million of its customers.
Recent Credit Laws Affect Teens
The article you’re about to read is designed to inform readers about credit cards that have an amount of money already added to them. We’ll examine the new C.A.R.D. Act that passed last year and has recently been set into motion…
Shutting Down a Credit Line Can Damage Your Score
If your credit card company tries to stick you with extra charges, your first instinct may be to close out your account. This isn’t always the best idea. Continue reading to find out how shutting down your card could end up hurting your FICO score.
Credit Card Reform 2010
The FED, the Office of Thrift Supervision, and the National Credit Union Administration voted in May 2009 to adopt new changes to credit card policies. These regulations are aimed to work in favor of consumers, protecting them from previously unfair and perhaps unethical practices from credit card companies.
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