Tag archive for ‘Credit CARD act of 2009’
By Nathan Richardson On Thursday, October 21st, 2010
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Fed’s New Credit Card Rules – 25% Max 1st Year Interest Rate

[ad#Content 300x250] As credit card companies use new tactics, practices to maneuver around the new credit card regulation, the Federal Reserve is planning on tighten its credit card policy. “The proposal More...

By Mark Riddix On Saturday, July 31st, 2010
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3 New Tricks By Credit Card Companies

In order to make back the money lost by the Credit Card Act of 2009, credit card companies are trying new tricks to raise money. At a time when consumers are trying everything possible to get out of debt, credit More...

By Nathan Richardson On Tuesday, June 15th, 2010
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Fed Announces Credit Card Late Fees cap at $25, Banning Inactivity Fees

Today the Federal Reserve as part of the new bill Credit Card Accountability Responsibility and Disclosure Act of 2009, decides to Ban “inactivity fees” and limit Credit Card Fees to $25. These restrictions More...