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: Instapundit.comCHANGE: Credit Card Interest Rates Much Higher. ?The spread on credit card interest?the differenc?
By Glenn Reynolds
CHANGE: Credit Card Interest Rates Much Higher. “The spread on credit card interest–the difference between the interest rate on your charges, and the Treasury benchmark rate–is the highest it’s been in 22 years. The culprit? The CARD Act, which has given banks much less flexibility in the fees they charge. Banks now have to give you 45 days notice before they raise your interest rate, and they need to give you the option of paying off the debt in order to avoid interest rate hikes.”
Full post as published by Instapundit.com on August 24, 2010 (boomark / email).
Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act
Green Cards
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EB-1 and EB-2 Visa Status
Obtaining a Green Card Without Going Through the Labor Certification Process
Bankruptcy Law
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Marriage-based Green Cards
How alien spouses can become US citizens
Collection Agencies and Creditors
How to deal and stop the harassment
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American Express
allegedly failed to properly inform customers of Blue Cash credit card offer components.
Auto Financing
Credit Acceptance Corp. agrees to $52.1 million class action settlement after overcharging consumers for fees and interest on automobile installment contracts.

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