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5 New Tactics Being Used By Credit Card Companies To Make Money, Report Finds

Wednesday, August 11, 2010 - 12:46 PM
From the US Government Info About.com blog:
The Credit Card Accountability Responsibility and Disclosure Act of 2009 was supposed to provide consumers with a new level of protections against what President Barack Obama once described as the credit-card industry's predatory and unfair tactics.

The five problems mentioned in the post were all related to interest rates and cash advances. For those who avoid cash advances and pay off their balances on time, these tactics shouldn't be a concern.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,249
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