New Federal Credit Card Consumer Protection Laws To Take Effect In 2010
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12-23-2008, 10:30 AM,
Post: #1
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New Federal Credit Card Consumer Protection Laws To Take Effect In 2010
Quote:Credit card issuers have had their heyday in an environment that allowed them to hike rates and change policies willy-nilly. That will end in 2010, when new federal rules imposing some consumer protections take effect. The card companies are warning of dire consequences due to their expected loss of revenue from what many consider usurious practices -- approximately $12 billion annually... full article: http://www.crmbuyer.com/story/65568.html |
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