Credit Card Reform

Posted by on May 5th, 2008 at 10:40am

Yielding Wealth | Personal Finance wrote an interesting post today on
Here’s a quick excerpt
There’s some really good news on the horizon as the federal reserve proposes a series of reforms for credit cards and overdraft services that will definitely help consumers. Highlights of the reforms include Banks would be prohibited from increasing the rate on a pre-existing credit card balance (except under limited circumstances) and must allow the […]

Read the rest of this great post here

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