More Changes for Credit Card Customers

Big changes are coming for credit card customers. Later this month, the remaining provisions of the “Credit Card Accountability, Responsibility and Disclosure Act of 2009″ go into effect. The changes are intended to protect customers

…Big changes are coming for credit card customers.
Later this month, the remaining provisions of the by formrusmcsgt February 16, 2010 8:48 AM EST by SocietysNightmare February 15, 2010 11:58 PM EST Agreed. The only problem is MOST of AMERICA is not credit worthy.
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If people would learn to spend their own money instead of wanting to spends other’s as well (lender’s), there wouldn’t even be a market for credit cards. Reply to this comment by askagain February 15, 2010 10:49 PM EST You have to hand it to the credit card companies. One way or another, they will get their pound of flesh. New fees such as overdraft fees and inactivity fees will work against those of us who use credit responsibly. Perhaps a better solution is too deny credit to people who are not credit worthy. If a person doesn’t honor their payment obligations, simply demand payment and cancel their credit. Most of us have friends and relatives we wouldn’t lend money unless we were prepared to lose the money. Why should credit card…

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More Changes for Credit Card Customers

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This entry was posted on Tuesday, February 16th, 2010 at 8:50 am and is filed under News. You can follow any comments to this entry through the RSS 2.0 feed. You can leave a comment, or trackback from your own site.

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