The Credit CARD (Card Accountability, Responsibility and Disclosure) Act was signed into law by President Barack Obama on May 22, 2009. This act was put into place as a means to help protect consumers from predatory lending practices set forth by credit card companies.
Archive for the ‘Credit Cards’ Category
Overview Of The Credit CARD Act
Friday, September 3rd, 2010
Say Goodbye to Hidden Credit Card Fees
Wednesday, June 25th, 2008
Direct Banc – The U.S. Senate is currently considering a bill which could possibly save consumers that use credit cards on a regular basis. The Bill, Credit Card Fair Fee Act, sponsored by U.S. Senator Dick Durbin (D-IL), contends that credit card issuers have an unfair advantage in the marketplace based on the fact that they control 40% of retail transactions across the country. The legislation is specifically aimed at the bank’s interchange fees that they charge on every credit card transaction.
Gas Credit Cards – Tips on Picking the Best Card
Tuesday, June 24th, 2008
With gas prices skyrocketing, millions of people are flocking to gas cards to help with the rising fuel cost. Gas cards are brand specific credit cards that offer consumers rebates and rewards for using their credit card. Like most credit cards that offer a reward programs, there are specific guidelines that consumers’ need to be aware of. In many cases, a traditional credit card is better suited for the task. (more…)
Credit Cards for Fair Credit – A Long-needed Major Improvement
Thursday, June 12th, 2008
Today more and more people are turning to balance transfer credit cards to help save money. With mortgage companies being fickle about whom they loan money to, and gas prices at $4 bucks a gallon people’s credit card balances are stacking up. Fortunately there are still a few credit cards on the market that offer balance transfer credit cards for fair credit. We thought we would do our part and outline some of the best credit cards that are on the market for those with fair to average credit. (more…)
Airline Miles Credit Cards or Frequent Flyer Credit Cards?
Tuesday, April 1st, 2008
Airline miles and frequent flyer credit cards can be a great way to save money on vacations and airline tickets. As with most products, knowing the differences between the products that are available is the key to making sure you get your best deal. The first thing to know is that there are two classifications of “Airline” credit cards. Most people are unaware of the differences between the two types of cards so I thought I would make things a little clearer.
