Credit Card Laws


So long to credit card surcharges?

Written by Maryalene LaPonsie
Posted On: March 8, 2013

In 2012, retailers settled a lawsuit and won the right to recoup merchant fees by applying a surcharge to Visa and MasterCard purchases. So how many times have you had to pay this fee so far? Chances are, the answer is zero. "We have discussed the settlement with many of our members and other merchants, and not [...]

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A lot of good news for credit card users

Written by Geoff Williams
Posted On: October 17, 2012

If a credit card was a canary, I'd say it would be chirping happily right now. In the last month or so, there's been some good news out there for credit card users, and which may indicate a stronger economy ahead. Here's a recap of what's been making the news in the last couple weeks. Easier credit [...]

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Why are the credit card companies complaining over the CFPB complaint database?

Written by Geoff Williams
Posted On: July 4, 2012

Wondering what gripes people have about their credit cards?  Wonder no more.

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Why the CFPB was right to walk away from fee-harvester battle

Written by Geoff Williams
Posted On: April 20, 2012

The CFPB walked away from a chance to cap upfront fees on credit cards for poor credit. Is that such a bad thing?

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Consumer research group praises CARD Act

Written by Guest Author
Posted On: March 15, 2012

Research by the Center for Responsible Lending shows that the CARD Act has benefited consumers by making credit pricing lower and more transparent.

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Posted in: Credit Card Laws | 1 Comments

Pros and cons - Credit card scammers are both

Written by Geoff Williams
Posted On: September 10, 2011

Wherever you live, there's a scammer out to get your credit card information. Learn how to stay safe.

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Posted in: Credit Card Crimes | Credit Card Laws | Credit Card Fraud | 0 Comments

Denied for the best credit card? Lenders now required to say why

Written by Geoff Williams
Posted On: July 21, 2011

You may soon get a free credit score in the mail. But trust us, you don't want it.

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Posted in: Credit Reports | Credit Card Laws | Credit Score | 0 Comments

Senators propose delaying debit card rate cap

Written by
Posted On: March 18, 2011

Sen. Jon Tester (D-Mont.) leads a bipartisan coalition of lawmakers proposing a two-year delay on the Durbin amendment's debit card rate caps so potential impacts can be studied.

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