Credit Card Bill of Rights Can’t Come Quick Enough

The credit card Bill of Rights which was enacted by the Federal Reserve Board will not go into effect until July 1, 2010. That’s not quick enough for some people and Congress has taken up their cause. It would seem that our esteemed political leaders in Washington have finally been cured of their tone deafness [...]

Know Your Rights As A Credit Card Holder

While Congress works on the newly proposed “credit card bill of rights“, I felt it was important that I share with you exactly what your rights as a credit card customer entail. After all, it will probably be months before Congress draws up this new bill. Many cardholders have expressed everything from minor frustration to [...]

New Credit Card Regulations Go Into Affect In July 2010

After receiving more than 65,000 complaints on its web site, the Federal Reserve Board has taken unprecedented steps to reign in credit card issuers. The U.S. government is finally acting in the best interest of the consumer by passing sweeping regulations that are designed to root out the unfair practices that have long been the [...]