CreditCardAct

Buyers Beware: Business Credit Cards Are a Bad Deal

When the Credit CARD Act of 2009 was enacted, the goal was to make credit cards safer for people, but banks have found a loophole. Those consumer protections weren't extended to cards designated for business or commercial use, and as a result, millions of American households are at risk from the same unfair bank practices as before.

Credit CARD Act: One Year Later, How's It Going?

During the battle over Credit CARD Act, much talk focused on what the legislation would -- and wouldn't -- do. A year after the law rolled out, what's the word now? Here's an on-the-ground look at how card issuers and consumers are adapting to the new landscape.

Fed puts kibosh on rate shenanigans

credit cardsThe Federal Reserve just issued more than 1,100 pages of clarifications about the the Credit CARD Act, which goes into effect next month. A handful...