credit card act

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Latest blogosphere posts tagged “credit card act”

  • Have college tuition and dorm costs increased again


    Student Credit Card ArticlesAuthority Authority: 104
    Have college tuition and dorm costs increased again : Student Credit Cards.com many students think so. A random polling of 100 college students attending school at UCF provided interesting insight. First off, 75 of these students said they needed additional monies to cover everyday living expenses for the fall 2009 ...
    6 days ago
  • Credit Card Subsidies: Three Ways the Minority is Paying for the Majority


    Master Your CardAuthority Authority: 412
    Good credit card customers don’t make money for the likes of JPMorgan Chase and Bank of America. They take money. If you’re like me, you rack up tons of points on your card, pay it off in full each month and never pay a cent in interest. Meanwhile, you fly across the country first class on your rewards and get ...
    1 week ago
  • U.S. House: Credit Card Act Of 2009


    Newsroom MagazineAuthority Authority: 129
    Credit Card Act Of 2009A bill passed by the U.S. House of Representatives earlier in this session is now being considered by the Senate. What follows is a readable and translatable transcript of HR 627 Enrolled as Agreed to or Passed by Both House and Senate.Legislative Stage: Enrolled Bill:HR 627 EASIn the Senate of ...
    1 week ago
  • Consumer Tips on Credit Card APR Increases


    Woman TribuneAuthority Authority: 134
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . Many credit card consumers have been hit with interest rate increases in 2009 that have more than doubled their rates. A tremendous number of fee and rate increases have taken place throughout the year, and credit card issuers have three more months to ...
    2 weeks ago
  • Fed Survey Confirms Credit Card Issuers Raising Rates and Cutting Limits


    Woman TribuneAuthority Authority: 134
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . A Federal Reserve survey [PDF] released two days ago showed that a substantial number of credit card issuers have cut credit limits, increased interest rates and raised the minimum credit scores required for a credit card during the past three months. ...
    2 weeks ago
  • Five Reasons to Avoid Gift Cards This Holiday


    Money & HappinessAuthority Authority: 110
    If you’re thinking about giving gift cards for the holidays, it may be worthwhile to look at the findings of a  recent poll by Consumer Reports on holiday shopping. A couple of facts jumped off the page: 1) Most people don’t want them: While 46 percent of people plan on buying gift cards, only 15 percent said ...
    2 weeks ago
  • What You Need To Know About Christmas Gift Cards


    SayEducateAuthority Authority: 422
    All week we’ve been examining how to get the most out of Christmas this year. On Monday , it was all about getting your Christmas shopping done early. On Tuesday , we reviewed five Christmas shopping tips for savvy shoppers while on Wednesday we looked at rethinking your Christmas giving altogether. Gift Cards ...
    2 weeks ago
  • Loan Survey: Lending Standards Remain Tight


    HSH Associates Financial News BlogAuthority Authority: 134
    According to the October 2009 Senior Loan Officer Opinion Survey , lending standards remain tight. The good news, according to the survey, is that tightening standards have eased somewhat from the “peaks reached late last year.” While we know this general information comes as no big surprise, we believe it’s ...
    2 weeks ago
  • Grasshoppers, Ants, and the CARD Act


    CU SoapboxAuthority Authority: 107
    by Ron Daly  Remember the story of the grasshopper and the ant? The grasshopper sat back and didnt worry about winter until it was too late, the ant clambered to get more food to outlast the cold. In the end, the ant gets all his food and preparations in order, and winter never even comes and everyones fine.  ...
    2 weeks ago
  • Reid trying to speed Udall bill to expedite credit card reforms


    Colorado IndependentAuthority Authority: 652
    Senate leaders are trying to “hotline” a bill that would expedite previously passed credit card reforms to prevent companies from hiking rates and fees before the law takes hold, according to sources on Capitol Hill. Senate Majority Leader Harry Reid (D-Nev.) has asked members of the Banking Committee for their ...
    3 weeks ago
  • Expedited Credit Card Act passes House; Lamborn, Coffman oppose


    Colorado IndependentAuthority Authority: 652
    The Expedited CARD Reform for Consumers Act of 2009 , H.R. 3639, passed the House in a 331-92 vote Wednesday, with a number of Republicans joining Democrats in voting for the bill. Colorado’s Republicans, however, were not among them.  Doug Lamborn , representing the Fifth District, and Mike Coffman , ...
    3 weeks ago
  • Tips for Buying and Using Gift Cards


    Woman TribuneAuthority Authority: 134
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . We are entering the holiday gift card season. While new studies show gift cards are the most popular presents to give and receive, the hidden costs may outweigh the convenience of the gift. It is important for consumers to give and use their cards ...
    3 weeks ago
  • Maloney pushes to move up credit regs


    Long Island Business NewsAuthority Authority: 487
    Rep. Carolyn Maloney, D-Queens, has introduced legislation with Financial Services Committee Chair Rep. Barney Frank, D-Mass., that would move the effective date of the Credit Card Act, passed at the beginning of the year, to December from February.Maloney said in a statement card companies have been scrambling to ...
    3 weeks ago
  • Dodd Proposes a Freeze on Credit Card Rates


    Woman TribuneAuthority Authority: 134
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . Senate Banking Committee Chairman Chris Dodd recently introduced new legislation that would immediately freeze credit card rates on existing balances through February of 2010. Dodd felt this bill would prevent issuers from further interest rate hikes that ...
    4 weeks ago
  • Current Issues in Credit Unions #42.


    That Credit Union BlogAuthority Authority: 104
    This month, Faith, Katherine & Rob bring you the following topics: –Credit CARD Act update. –HOEPA update. –Regulation GG. –Pandemic preparation. – Ugottaloan –Big K Roundup (To Tweet or Not to Tweet; New Developments on Consumer Protection Agency; The Protocol–How Will it Impact a Credit ...
    4 weeks ago
  • Interest Rate Freeze for Credit Cards?


    BizziaAuthority Authority:
    One of the unintended consequences of the Credit CARD Act passed in May was that credit card issuers have been rushing to tinker with terms before the February deadline. Consumers are getting the shaft on this as credit card issuers take this chance to jack up interest rates and add fees just because they can. At ...
    4 weeks ago
  • New Consumer Financial Protection Agency Approved by House Committee


    Woman TribuneAuthority Authority: 134
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . The House Financial Services Committee recently approved the creation of a Consumer Financial Protection Agency (CFPA) by a vote of 39 to 29. This is the first step in creating a new regulatory agency that will protect consumers. The CFPA is an important ...
    5 weeks ago

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