Negative Effects of the CARD Act of 2009 for Consumers
Posted by CardOffers.com Staff | September 25th, 2009 | General Information, New Rules
Heated debates about the Credit Card Accountability, Responsibility and Disclosure Act of 2009, or the CARD Act of 2009, began to take place long before the Act went into effect in February 2009. Critics emerged from a wide range of sources, including consumer interest groups, grassroots organizations, and various special interest groups associated with the financial industry. While many of the warnings about what the Act would do to… Read Full Story
Understanding the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009
Posted by Tracy Kerscher | August 5th, 2009 | General Information, New Rules
With all of the talk in the media lately regarding the economy, budgets and bailouts, many of us are aware of the new act being implemented to protect consumers against unfair practices by credit card companies – the Credit Card Accountability, Responsibility, and Disclosure Act of 2009. As consumers, it is imperative to recognize the role that irresponsible credit card use has played in the current state of the economy… Read Full Story
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