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Breaking News Home | All | Religion | Society | Tech | Choice | FF | SA News
FRONT PAGE  |  6/30/2016
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.

“This proposal is another step forward in the Federal Reserve’s efforts to ensure that consumers who rely on credit cards are treated fairly,” Elizabeth A. Duke, a Fed governor, said in a statement.

They would also ban “two-cycle” billing methods, where a creditor raises an interest rate and charges the higher rate for a customers’ previous borrowing. ...


CLICK HERE to Read Entire Article
www.nytimes.com

Advice For Hopelessly In Debt?
  START  
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Police in India Rebuke, File Case against Christians Fleeing...
john uk from wales: "hinduism, another religion of peace? nah :ugh: but if..."
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john uk from wales: "most excellent. keep up the good work, cef."
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