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Legal News

: Lawyers and Settlements

Credit Card Abuse: To Be Continued?

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Washington, DC: On March 13, 2008 five credit card consumers were ready to testify at a House Financial Services subcommittee hearing regarding credit card industry practices and credit card abuse. But it turned out to be a waste of time: GOP staff members asked them to sign waivers allowing public disclosure of their private financial matters—which they refused to sign. One witness said that the waiver “seemed very intrusive.” Sounds like it was written by the credit card industry.

Full post as published by Lawyers and Settlements on May 19, 2008 (boomark / email).

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