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: CL&P BlogNew York Times: Congress Should Enact Credit Cardholders "Bill of Rights"
By Brian Wolfman
Today's New York Times editorializes here in favor of the Credit Cardholders "Bill of Rights" pending before Congress. The legislation takes aim at retroactive rate increases, double cycle billing that allows assessment of interest on amounts already paid, multiple over-limit fees, and similar credit card company policies. Rep. Carolyn Maloney (D-NY), a champion of the legislation, has a webpage devoted to the issue, with links to key documents, including the legislation itself.
Full post as published by CL&P Blog on September 14, 2008 (boomark / email).
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