Consumer Law

From the Consumerist: "Credit Card Victims Muzzled"

By Brian Wolfman

On Friday, Alan White posted here about Congress's unusual demand that four consumers waive their rights to privacy in their financial histories before being allowed to testify before the House Financial Services Committee on the abusive credit card practices that they experienced. The testimony was to be given in conjunction with Congress's consideration of pending legislation known as the the Credit Cardholders' Bill of Rights. The consumers were not willing to sign the waiver and so did not testify. The Consumerist now has posted this discussion of the topic, including the written testimony that one of the consumers would have given had he not declined to testify. The post also includes a synopsis of the pending legislation.

Full post as published by CL&P Blog on March 17, 2008 (boomark / email).