Legal News

Credit Card Profits Safe, for Now
Fitch Ratings, the people who were so wrong about subprime mortgages, remain guardedly optimistic about credit card profits, and the performance of securitized credit card receivables, expecting credit card yield spread to remain ?robust...

McCain, Obama, and Middle America
I recently looked into credit-card practices while researching a potential class action. I was astounded at my ignorance. Even my cynicism wasn't prepared for what credit card companies get away with...

Should You Be Using Credit Cards In Your Practice
I do not think so. That is why I refuse to have a credit card. First, they encourage you to spend in ways that is not health, and to buy extravagances. Second, we all know the tricks credit card providers play to make money off you that you do not suspect and which only make your situation worse...

The World's Worst Credit Card
The Money, Matter, and More Musings blog reports that it has found the world's worst credit card. This card provides a credit limit of $300, but after fees and costs, the available credit is $53...

The Credit Card Fair Fee Act
Yesterday, House Judiciary Committee Chairman John Conyers introduced the “Credit Card Fair Fee Act which is an attempt by Congress to regulate credit card interchange fees (i...

Tricks credit card companies play
Ken and Daria Dolan had a really good post on WalletPop today about the tricks credit card companies play. Yes, they’re all legal. Yes, they’re all outlined in your credit card agreement...

U.S. Citizenship Applications
The naturalization process

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

Green Cards
Ways to get a green card

EB-1 and EB-2 Visa Status
Obtaining a Green Card Without Going Through the Labor Certification Process

Bankruptcy Law
A complete prime (pre-2005)

Marriage-based Green Cards
How alien spouses can become US citizens

Citibank
Will Repay $14 Million to Credit Card Customers

LOWE's
Faces Class Action for Credit Card Violations

Chase Bank
Faces Class Action over Credit Card Rates

JP Morgan Chase & Co
Faces Lawsuit Over Hikes in Credit Card Interest Rate

American Express
allegedly failed to properly inform customers of Blue Cash credit card offer components.

Wegmans Food Market
alleging the retailer revealed too much information on their credit and debit card receipts, violating the FACTA law, and leaving customers open to identity theft