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Breaking News Home | All | Religion | Society | Tech | Choice | SA News
FRONT PAGE  |  2/14/2016
WEDNESDAY, SEP 30, 2009
Fed Proposes Rules on Credit Cards
The Federal Reserve proposed tough credit card rules on Tuesday to protect consumers from potentially costly practices by lenders, and moved to put in place legislation enacted in May.

‚ÄúThis proposal is another step forward in the Federal Reserve‚Äôs efforts to ensure that consumers who rely on credit cards are treated fairly,‚ÄĚ Elizabeth A. Duke, a Fed governor, said in a statement.

They would also ban ‚Äútwo-cycle‚ÄĚ billing methods, where a creditor raises an interest rate and charges the higher rate for a customers‚Äô previous borrowing. ...


CLICK HERE to Read Entire Article
www.nytimes.com

Family and Finances - Part 1
  START  
  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
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•  Covetousness, Sin of Our Time • Dr. Stephen Jones | 2/17/2006
•  Is My Name Demas • Dr. Bob Jones III | 1/12/2007

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