Archive for the ‘Legislation’ Category
New credit card reform laws are going into effect in February of 2010 to provide more consumer protection. The reform was put in place to deal with what were some abusive practices of interest rate hikes and fees.
You may recall a post from Pete earlier this year in which he talked specifically about the changes the credit card act will bring forth. To name a few, it will include consumer friendly regulations around unfair interest rate hikes, unnecessary fees, fairness in timing of payments and enhanced disclosure of terms.
Related Websites -
Paying Off Credit Card Debt Even tasks as challenging as getting out of credit card debt can be boiled down to less than a dozen steps. Notice I called them simple, but that doesn't mean they are not difficult to follow through on. It will take sheer determination, and a lot of sacrifice, to see...... -
Still more on Missed Fortune 101 Wow. The response to my posts on Douglas Andrew's Missed Fortune 101 continues to be lively. Just got a comment about it through e-mail today, in fact. This discussion has taken on a life of its own in some ways. On the main post people's opinions of my comments have......


