Sentences with phrase «new credit card reform»

5 new rules in the balance transfer game Transferring a credit card balance used to be so easy and painless that some consumers referred to it as a game, but this 2008 story describes how the game changed, with issuers imposing higher fees as the economy soured and a new credit card reform law loomed.

New credit card reform laws have changed this so that the rate can only be increased due to default (and only on the affected account).

The new credit card reform legislation took affect on August 20th, 2009.

The new credit card reform legislation requires credit card companies to refrain from raising interest rates for the first year on any card except if the card has a variable interest rate as outlined in its terms and conditions.

White House to answer consumer questions about Credit CARD Act — The White House will answer Americans» questions about the new credit card reform law during a live online town hall at 2 p.m. EST Feb. 22.

Here are some of the big changes to the way credit card companies will be able to function as the new Credit Card Reform Act comes into being — and how it affects you:

Not exact matches

«From standing up to the banks and credit card companies with her credit card reform bill to holding Big Oil accountable, Carolyn fights for New Yorkers everyday — and she gets results.»

Rather than provide the necessary resources, fight the new Common Core Testing madness and repeal the damaging impact of his corporate education reform industry plan, Malloy is pulling out the state's credit card and ordering «computers, tablets and other electronic devices in order to meet the requirements of Common Core.»

Although recent debt reform may protect you from instantaneous and retroactive rate increases, the new laws do not place caps on interest rates charged by credit card issuers and other finance companies.

One option they're testing: sky - high interest rates... (more) Discover debuts reform - law compliant credit card terms — Discover is the first of the major credit card issuers to give cardholders details of new terms under credit card law provisions... (more)

The deadline for the changes to take effect is July 1, 2010, although some issuers may roll out revamped statements sooner... (more) Consumers gain right to opt out of credit card rate increases — The first phase of the new Credit CARD Act of 2009 kicked in Aug. 20, lengthening notice requirements and giving consumers the right to opt out of rate increases... (more) Fixed rates shift to variable rates — Seven months in advance of the new rules that would limit an issuer's ability to alter a fixed rate account, credit cardholders are being moved to variable rate cards... (more) Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... credit card rate increases — The first phase of the new Credit CARD Act of 2009 kicked in Aug. 20, lengthening notice requirements and giving consumers the right to opt out of rate increases... (more) Fixed rates shift to variable rates — Seven months in advance of the new rules that would limit an issuer's ability to alter a fixed rate account, credit cardholders are being moved to variable rate cards... (more) Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... (mcard rate increases — The first phase of the new Credit CARD Act of 2009 kicked in Aug. 20, lengthening notice requirements and giving consumers the right to opt out of rate increases... (more) Fixed rates shift to variable rates — Seven months in advance of the new rules that would limit an issuer's ability to alter a fixed rate account, credit cardholders are being moved to variable rate cards... (more) Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... Credit CARD Act of 2009 kicked in Aug. 20, lengthening notice requirements and giving consumers the right to opt out of rate increases... (more) Fixed rates shift to variable rates — Seven months in advance of the new rules that would limit an issuer's ability to alter a fixed rate account, credit cardholders are being moved to variable rate cards... (more) Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... (mCARD Act of 2009 kicked in Aug. 20, lengthening notice requirements and giving consumers the right to opt out of rate increases... (more) Fixed rates shift to variable rates — Seven months in advance of the new rules that would limit an issuer's ability to alter a fixed rate account, credit cardholders are being moved to variable rate cards... (more) Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... credit cardholders are being moved to variable rate cards... (more) Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... Credit card issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... (mcard issuers: Sorry, new law says we can't cut your rates — Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... Credit card issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... (mcard issuers turn on its head the reform law that bans sudden rate increases; they say that it also forbids quick rate cuts... (more)

Similarly as per the new credit reforms, a card issuer needs to give the card holder a 45 day notice before interest rate hike.

Credit card reform: The fine print of proposed changes to Regulation Z — Regulation Z requires creditors to disclose all costs and terms before a new credit card's firsCredit card reform: The fine print of proposed changes to Regulation Z — Regulation Z requires creditors to disclose all costs and terms before a new credit card's firscredit card's first use.

See related: Survey: Annual fees steady despite new reforms, How to shop for the best rewards credit card for you, How to keep track of all those rewards points

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Reform law, recession lead to «retro» credit card offers — New card programs offer payment control, plain vanilla features, but consumers still face a rocky road.

Interest rates keep rising as credit card reform looms — As new credit card legislation draws closer, interest rates continue to rise, according to CreditCards.com's Weekly Rate Report.

Finally, thanks to some new consumer protection regulations in the recent financial reform law, some credit card companies will refuse to do product changes for the first 12 months your account is open.