Credit Card Pitfalls Possible for Users Even After New Rules

Summary


The bulk of sweeping new credit card regulations won't take effect until February, and many card issuers are already raising interest rates and slashing credit lines.

So what will happen after the new rules take effect?

See the full content of this document

Extract


Credit Card Pitfalls Possible for Users Even After New Rules

Although the rules will prohibit certain practices related to interest rates and fees, there's still room for issuers to fudge in other areas, some credit experts say.

"They're going to find loopholes in the legislation," said Curtis Arnold, founder...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company