Credit Cardholder Bill of Rights Approved by Congress, Sent to President
Posted by AzBlueMeanie: The Senate on Tuesday voted overwhelmingly to impose tough new restrictions on the credit card industry, which had spent years successfully avoiding regulations. Senate approves tougher credit card rules in 90-5 vote The bill bars firms from hiking interest rates on cardholders unless they are 60 days late in payment, bans “double-cycle … Read more