credit card
Credit Card Issues Give a Break to Borrowers — Even Those Who Don’t Deserve It
When it comes to credit cards, there’s almost always something to be watching out for. At Creditslips, Adam Levitin notes that interest rates on most low-rate credit cards are holding steady, and rates on high-rate cards even fell a little recently. So … what about all those fears that credit would be more costly once [...]
Senate Overwhelmingly Passes Sweeping Credit Card Reforms
The vote might have been delayed, and it might have been stacked with an irrelevant gun amendment, but legislation to protect consumers from the most abusive tactics of the credit card industry passed the Senate Tuesday by the overwhelming count of 90 to five.
The proposal would prohibit rate hikes on existing balances, give cardholders longer [...]
Senate Approves Coburn Gun Amendment…in Credit Card Bill
The Senate on Tuesday night easily passed an amendment to credit card reform legislation that would allow concealed weapons in national parks. The vote was 67 to 29.
The question now is this: Will a controversial gun proposal attached to popular underlying legislation be the poison pill that sinks that larger bill? That’s been the case [...]
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