mercoledì 13 maggio 2009

Credit-Card Law Has Painful Impact

Credit-Card Law Has Painful Impact

By Brent Budowsky
May 12, 2009

Editor’s Note: President Barack Obama and members of Congress are promising a new law to stop credit card companies from using fine print to exploit cardholders. But there’s a catch in the bill – a one-year delay so the companies have time to adjust their business models, essentially another loophole that is hastening rate hikes and credit-limit cuts before the new law can take effect. [more]

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