Tag Archives: credit card reform

House Sends Letter To Federal Reserve Supporting Credit Reform Rule

House Sends Letter To Federal Reserve Supporting Credit Reform Rule

Posted on 14. Dec, 2008 by admin.

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Congresswoman Carolyn Maloney and colleagues sent a letter to the Federal Reserve supporting credit reform to protect citizens from bank abuse.

Popularity: 33% [?]

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Banks Are Abusive With Credit Card Practices

Banks Are Abusive With Credit Card Practices

Posted on 09. Aug, 2008 by admin.

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Banks wield so much power over consumers that they can dream up abusive policies and demand that consumers continue to pay high interest rates and fees when it’s not appropriate.

Popularity: 83% [?]

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Senator Menendez Supports Credit Card Reform

Senator Menendez Supports Credit Card Reform

Posted on 13. Jul, 2008 by admin.

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Senator Menendez announced the Credit Card Reform Act (S. 2753) that will end some of the practices of credit card companies that lure consumers into financial traps such as excessive late fees, retroactive rate increases, unilateral default, unilateral changes to credit card terms and credit offers to consumers that cannot afford to pay. Consider [...]

Popularity: 100% [?]

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