Posts tagged as:

Credit Cardholders’ Bill of Rights

New Credit Card Rights For Consumers

August 20, 2009

Starting today, credit card holders have more rights: More time to pay. Credit card companies have to mail bills 21 days in advance of the billing date. More time to reject changes. Card holders now have up to 45 days to reject rate increases. More time to pay off existing balances. Card holders now have [...]

Read the full article →

Credit Cardholders Bill of Rights Passes Out of Full Committee

April 22, 2009

From NACA: “Here is a very quick update on credit card legislation. Just now the House Financial Services Committee passed the Credit Cardholders’ Bill of Rights by a 48 to 19 vote. According to Chairman Barney Frank (D-MA), the bill is expected to go to a full House vote next week! . . . [I]f [...]

Read the full article →

Congress finally allowed consumers to speak out on credit card industry abuses

April 20, 2008

Congress finally allowed consumers to speak out on credit card industry abuses. Alpha Consumer’s Kimberly Palmer was there, and Consumerist has a good summary of the hearing. Now is a good time to write your senators and representative to ask them to support the bill.

Read the full article →