New Credit Card Rules Tackle Fees, Rates (U.S. News & World Report)
Posted under Business on Sunday, August 22nd, 2010 at 11:25 pm | 
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U.S. News & World Report – Your credit card is about to become more consumer-friendly. The Credit Card Accountability Responsibility and Disclosure Act of 2009 authorized the Federal Reserve to implement new rules regulating the credit card industry. Many of these rules took effect on February 22, 2010, including 45 days notice for interest rate hikes, restrictions on getting a credit card under age 21, and the elimination of double cycle billing.
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(U.S. News & World Report)