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Credit Card Companies Hike Rates to Beat CARD Act
By James Gelfer on December 4, 2009 | No Comments
This month I opened my bank statement to find that my bank, Bank of America, had included a little note that outlined one of their new policies. It informed me that they would no longer be charging unlimited overdraft fees and would set a limit of four $35 charges per day. While this may seem like a... -
Credit Card Crackdown Imminent: How Will Card Issuers...
By Scott on June 16, 2009 | No Comments
In a move much akin to Luke Skywalker’s attack run on the Death Star, President Obama signed the so-called “Credit Cardholder Bill of Rights” that will crackdown on the malpractice of card issuers. The bill passed in both the House and the Senate with overwhelming majorities in support, and se...





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