Credit Card Inactivity Fees Could Rise Due to New CARD Act Rules
Credit card companies, facing losses in revenue from the new rules protecting consumers put forth today by the Credit CARD Act, are already looking for new ways to charge consumers for using their cards.
Credit CARD Act Rules Go Into Effect Today
The second phase of the Credit Card Accountability Responsibility and Disclosure (CARD) Act goes into effect today, providing new regulations that protect consumers against high rates and fees from credit lenders.
Average Credit Card Debt Held by Individuals Drops Over Last 6 Months
The average amount of credit card debt held by individuals and households dropped over the last 6 months, according to a 2010 report. This continues a trend that started in late 2008, and is expected to continue into 2010.
Credit CARD Act Regulations Will Give February Credit Card Statements Some New Features
Now that the Credit Card Accountability Responsibility and Disclosure Act of 2009 has officially been signed into law, and final resolutions have been made by the Fed
Federal Reserve Makes Final Touches to the Truth in Lending Act
Beginning February 22nd, there are going to be some big changes in the protections provided to credit card consumers against costly lending practices.
More Fees, Less Rate Hikes? 5 Changes 2010 Could Bring for Credit Cardholders
In an unexpected surge of consumer spending over the 2009 holidays, Americans left many retailers' shelves empty post-holiday season.
New Federal Reserve and FTC Loan Regulations Will Increase Transparency For Consumers
In an attempt to increase transparency, the Federal Reserve today issued a statement that requires lenders to give consumers notice when their credit report causes their rates to increase
NetSecure Technologies Develops SmartSwipe Personal Credit Card Reader
Credit card security is a main concern when it comes to shopping online. That's why NetSecure Technologies, an eCommerce solutions company, has developed a unique personal credit card reader
House Representatives Close To Passing Financial Regulation Changes
On Thursday the U.S. House of Representatives worked to get closer to passing financial regulation changes.
Credit Card Problems Rise and Fall: Defaults Down But Delinquencies Increase
The credit card industry remains to be one of the hardest hit sectors as unemployment rates continue to rise with no respite seen in the near future.
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Bank of America Offers $75 Checking Bonus For Credit Card Members
