CreditCardsCo Blog Topic - ' Credit Card Reform'
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…
More new credit card rules from the Federal Reserve mean more new card protections for you. Here are some key changes you should expect from your credit card company beginning on August 22, 2010.
A small New Jersey bank that specializes in credit cards for people with damaged credit histories has shut down its card program because of regulatory problems.
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.
Analyzing the consumer credit card protection law to take effect in February 2010, the new law poses many blessings to the consumer but a point of annoyance for card companies bent on increasing profits.