Credit Card Laws


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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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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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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Senators propose delaying debit card rate cap

Written by Joe Taylor Jr.
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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Debate continues on debit and credit card transaction fee limits

Written by Joe Taylor Jr.
Posted On: February 21, 2011

With Fed Chairman Bernanke wondering aloud about the effectiveness of a new rule, merchants and banks alike lobby to get consumers on their sides.

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Steering lawsuits could change the way Americans shop

Written by Curtis Arnold
Posted On: October 25, 2010

Extending current point-of-sale techniques could discourage many credit card users from using frequent flyer or cash rebate cards. [...]


Business credit card marketing facing Congressional criticism

Written by Curtis Arnold
Posted On: October 6, 2010

Sen. Charles Schumer and other policymakers caution consumers to beware business credit cards that lack government protections. [...]




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