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This Week in Credit Card News
Implied Warranty Provides an Extra Level of Protection Massachusetts has a special legal provision known as “implied warranty.” If you buy a product that doesn’t do what it’s supposed to do for as long as you would reasonably expect, you have a right to ask for compensation. Certain credit cards, like, will double the [...]
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Consumer Reports Survey Says Credit Card Issues Improving in Wake of Credit Card Act of 2009
"With the protections of the Credit Card Act of 2009 in full effect, a nationally representative survey shows a slightly lower level of dissatisfaction among Americans with their credit cards than last year. However, credit cards re... Read Post
How Credit Cards Have Changed
In mid-2009, President Obama signed a consumer protection measure known as the Credit Card Act (or Credit Card Responsibility and Disclosure Act). The Credit Card Act's main objectives include protecting consumers from unreasonable ... Read Post
CARD Act Conference: Key Findings
The Consumer Financial Protection Bureau (CFPB) is now providing the key findings of a conference on the credit card marketplace held one year after the effective date of many of the provisions of the “CARD Act”. The data from the e... Read Post