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dailymarkets.com - 5/20/2009
Consumer “Bill of Rights” Credit Card Bill Clears US Senate
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A consumer “bill of rights” designed to stop credit card companies from imposing onerous interest rate hikes and hidden fees passed a procedural vote in the Senate yesterday (Tuesday), a move that will send it to a joint committee to reconcile differences with the bill that ...
pfcreditcards.com - 5/23/2009
Credit Card Companies are Screwed with the New Bill
— pfcreditcards.com — Allow customers to pay their bill on the phone and internet without an additional charge Let customers... spare themselves from over the limit fees Give 45 day notice to customers before they can increase the interest rates Consumers under 21 must ... (more) Credit Card Companies are Screwed with the New Bill

Comments vote down Dividends Value found this 5/23/2009found this
marketnewslive.blogspot.com - 5/20/2009
Video: The Credit Card Bill and You
— marketnewslive.blogspot.com — The Senate just passed a new Credit Card Bill, but what does it mean to you?... (more) Video: The Credit Card Bill and You

Comments vote down MediaMan MediaMan posted 5/20/2009posted this
politicalnewslive.blogspot.com - 5/20/2009
Video: Senate passes credit card overhaul bill
— politicalnewslive.blogspot.com — The Senate voted overwhelmingly to rein in credit card rate increases and excessive fees, hoping to give... voters some financial breathing room. AP's Jerry Bodlander reports. (more) Video: Senate passes credit card overhaul bill

Comments vote down MediaMan MediaMan posted 5/20/2009posted this
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Related: credit card bill of rights
Old Enough to Die for Your Country, Too Young for a Credit Card — Cato @ Liberty
While much of the debate around the so-called “Credit Cardholders’ Bill of Rights” has been on ending various card policies aimed at disguising different credit risks, one group of cardholders is certain to lose their right to credit under this bill: adults between the ages of ...
National ID Mission Creep — Cato @ Liberty
It’s a given that, once in place, a national ID would be used for additional purposes. In case you needed proof, on Wednesday, Senator David Vitter (R-LA) offered an amendment to H.R. 627, the Credit Cardholders’ Bill of Rights Act of 2009 , requiring the Federal Reserve to impose ...
Small-Biz Credit Cards Not Included In Legislation — Business Opportunities Weblog
SmartBrief: Congress is considering legislation that aims to tackle questionable lending practices by credit-card companies. Many business owners use a small-business credit card for their business expenses, but the Credit Cardholders Bill of Rights does not cover those types of cards. ...