Why the Credit CARD Act Is Actually REALLY BAD for Students
Posted On: September 11, 2009
While many people have written about how the CARD Act may affect the availability and cost of credit in general, little criticism has been raised about the student/under 21 provisions. Here are four ways the CARD Act hurts students or young adults:
1. The Credit CARD Act Is Discriminatory
Sec. 201.B of Reg B issued by the [...]
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StumbleUponA Triple Whammy for Credit Card Balance Transfers
Posted On: August 28, 2009
Consumers who are used to transferring credit card debt to new lenders may be in for a shock as new transfer fees are imposed by the banks.
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Credit Card Regulations May Have Unintended Negative Consequences
Posted On: May 27, 2009
By Joe Taylor Jr., CardRatings.com Reporter
President Obama Signs Credit Card Act Into LawAs President Obama signed a new Credit Card Bill into law, financial industry analysts debated whether tough, new regulations would return America’s consumers to a more responsible era or throw the sector into a tailspin. Major provisions of the new credit card law [...]
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Giving Credit Where Credit’s Due: Three Cheers for Richard Cordray
Posted On: June 24, 2008
By Curtis Arnold, Founder of CardRatings.com
Richard Cordray, the Treasurer of Ohio, has been spear-heading a drive to get Ohioans to take a stand in favor of the proposed changes to the credit card regulations that are being considered in Washington. He hopes to gather between 5,000 and 10,000 comments by August 4th, when he’ll submit [...]
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Orchard Bank Credit Card Review
Posted On: July 31, 2006
Author: rogrow
Posted: Thu Aug 07, 2003 5:30 pm
Post subject: orchard bank
the bank that helps people that are struggling,,,right… im not struggling now but i bankrupted a business 8 yrs. ago.and about 2yrs ago household bank and orchard bank bombarded us with offers and sorry to say we bit .. the problem was their fees [...]
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Why Did They Cancel My Credit Card?
Posted On: April 1, 2006
Author: philip
Posted: Fri Oct 24, 2003 5:52 pm
Post subject: Aspire Visa Credit
hi guys,
today i got a letter from aspire visa letting me know that my account was closed due to inactivity. there was no balance on this account which was my first major card and was issued to me in 2001. i used it as [...]
