Comments on: Will Congress Force Credit Card Reform?

By: LoanShak » New Credit Card Rules Pass the Senate

LoanShak » New Credit Card Rules Pass the Senate — Wed, 20 May 2009 16:06:35 +0000

[...] appears to be in the mood to reform credit cards. Indeed, in the wake of populist outrage over the vagaries of big banks in the run up to and after [...]

By: Credit Cards: Take Responsibility : Bizzia - Business News and Commentary - Finance and Business Tips

Thu, 30 Apr 2009 15:55:54 +0000

[...] and issuers engage in practices that many consider predatory. Happily, it’s also true that credit card rules changes are coming, one way or another. But in the end even forcing credit card issuers to behave in a more [...]

By: Jim

Jim — Tue, 14 Apr 2009 13:07:31 +0000

I don’t have much faith that Congress has the “little guys” best interests at heart….. nor do I have much faith that the cure won’t be worse than the disease. Best for consumers to take matters into their own hands, cut back on credit card usage, and pay off balances on time.

By: Miranda Marquit

Miranda Marquit — Fri, 10 Apr 2009 13:49:03 +0000

I agree that we definitely need some reasonable protection from predatory practices. While I do think that we are responsible for our own poor decisions, at the same time we also need some sort of protection. It’s not right that the credit card companies can do some of the things they are doing — especially to those who have been responsible.

By: Aleksandar M. Velkoski

Aleksandar M. Velkoski — Fri, 10 Apr 2009 02:03:07 +0000

Definitely needs to be done! Are you kidding me? This should have been done a LONG time ago.

By: New Credit Card Rules on the Way? « Credit Cards, Credit Reports, and Debt Topics

Thu, 09 Apr 2009 18:38:12 +0000

[...] a result, a new credit card reform bill has been introduced in Congress. There are some hopes that this time populist rage will be able to carry the day and convince our representatives to… — which is more stringent than the Fed rules [...]

By: Will Congress Force Credit Card Reform? : Yielding Wealth | Money Blog : 10 Dollars : Money Articles.

Thu, 09 Apr 2009 06:11:51 +0000

[...] Read more: Will Congress Force Credit Card Reform? : Yielding Wealth [...]