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Credit CARD Act Goes Far Beyond the Fed?s Credit Card Regs

By Jim Campen

According to an editorial in last Friday?s Washington Post,  the credit card bill that the President signed into law that afternoon ?isn?t really needed? because it is ?awfully similar? to the regulations on credit cards that were issued by the Federal Reserve last December. Wrong! In fact, the new law is remarkably broader and stronger than the [...] Related posts:

• Hate your credit card? Tell the Fed
• Common credit card tricks & traps
• Banks keep credit card interest rates high despite low Fed rates


Full post as published by Caveat Emptor on May 28, 2009 (boomark / email).

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