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Articles tagged with: Credit Cards

Consumer Financial Protection Agency Would Build on Credit Card Reform Protections
February 22, 2010 – 1:24 pm

Comprehensive Reforms Are Only Way to Ensure Stability in the Economy
Washington, DC – Americans for Financial Reform released the following statement marking the full implementation the Credit Card Accountability, Responsibility and Disclosure (CARD) Act today.
Ed …

This Valentine’s Day, Break Up With Your Abusive Bank!
February 11, 2010 – 11:12 am
This Valentine’s Day, Break Up With Your Abusive Bank!

For Valentine’s Day, The Public Breaks Up With the Big Banks in a Boycott and Outreach Movement

This Valentine’s Day is the perfect time to end your abusive relationship with the big banks that have …

LA Times: Banks Take Revenge For New Consumer Rules
January 6, 2010 – 3:07 pm

The LA Times ran this precient article about banks’ vengeful behavior against consumers in advance of credit card rules going into effect in February.  Here is an excerpt:
Happy new year. Now pay up.
That’s the message …

A One-Page Credit Card Agreement
November 23, 2009 – 2:33 pm
A One-Page Credit Card Agreement

Siegel+Gale put together this PDF which boils down a sample credit card’s terms to one page.
While the language is simpler than your average 30-page contract, it’s still not ideal; note that the late fee is …

The Card Game
November 23, 2009 – 2:20 pm
The Card Game

Have you ever waded through pages and pages of credit card contracts in an attempt to figure out what your interest rate will be? Have you overdrawn your account by a few cents, only to …

IACS Joint Letter
October 20, 2009 – 2:48 pm

October 20, 2009
Dear Representatives,
The biggest banks and credit card companies have used the power they wield in the marketplace to push unfair business practices that are costing our members—retailers and individual consumers—tens of billions of …