You may have recently heard news about the Credit CARD Reform Act of 2009. It just went into effect on February 22, 2010 and is intended to provide various protections to consumers to combat the wily tricks of the credit card companies. Here’s a great cartoon video (which I saw posted on the Center for… Continue Reading
Happy holidays indeed. If you’re a credit card company. According to this article in the Denver Post (“Credit Card Rates Soar Just Before Shopping Season“), credit card companies have been raising rates on unassuming consumers. The credit industry is preparing for the major reforms on the unscrupulous practices they have been getting away with for… Continue Reading