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News Headlines
New Credit Card Rules Aimed At Protecti...
Published:Thu, 26 Aug 2010 14:13:40 -0700
New rules regulate how and when credit card companies can charge you fees. Get the story.......
Published:Thu, 26 Aug 2010 14:13:40 -0700
New rules regulate how and when credit card companies can charge you fees. Get the story.......
Credit card balances, defaults drop acr...
Published:Fri, 27 Aug 2010 11:32:05 -0700
Credit card balances and defaults are down across South Carolina, but consumers in the Charleston area are carrying more credit card debt than other parts of the state, according ......
Published:Fri, 27 Aug 2010 11:32:05 -0700
Credit card balances and defaults are down across South Carolina, but consumers in the Charleston area are carrying more credit card debt than other parts of the state, according ......
New rules for your money...
Published:Sat, 28 Aug 2010 19:51:31 -0700
In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul. Games - Card Game......
Published:Sat, 28 Aug 2010 19:51:31 -0700
In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul. Games - Card Game......
New rules slash card fees...
Published:Sun, 29 Aug 2010 00:26:24 -0700
Last stage of reform eliminates many charges that sapped value from gift cards and curbs penalties for late payments and lack of use. Dont look now but a funny thing is happening ......
Published:Sun, 29 Aug 2010 00:26:24 -0700
Last stage of reform eliminates many charges that sapped value from gift cards and curbs penalties for late payments and lack of use. Dont look now but a funny thing is happening ......
A car loan can help you boost your cred...
Published:Sun, 29 Aug 2010 00:26:14 -0700
Also: Blocking access to credit reports, and the right place to get a free report. Dear Liz: I am a 27-year-old contractor now working in Iraq. Ive paid off all the outstanding cr......
Published:Sun, 29 Aug 2010 00:26:14 -0700
Also: Blocking access to credit reports, and the right place to get a free report. Dear Liz: I am a 27-year-old contractor now working in Iraq. Ive paid off all the outstanding cr......
translation powered by GoogleNew Credit Card Rules 2010
/2010-08-03/New credit card rules to get completely effective in August
Since the card act passed Congress new rules will protect customers, whether they pay off the balance when the bill comes, accordingly to Consumer Reports survey 54% from us, or make minimum payments.
The Credit Card Accountability, Responsibility and Disclosure Act of 2009, or simply the Credit CARD Act, will be effective from February 22, 2010. Some portions of the new act will become effective in August 2010.
Don't fall in possible traps of card issuers
According to the new rules many card issuers increased rates and late fees this summer. Most of major credit cards will now carry an annual percentage rate of 29.99%. The CARD Act contains numerous practices that were profitable for credit card companies. Thus, be aware that some card issuer may try to compensate lost revenue in some other ways.
