credit card reform

Consumers' satisfaction with credit cards is improving, but that doesn't mean they're happy with their current plastic, a new study finds. American Express continues to score best for the fourth straight year.

When the CARD Act went into effect in February, one of the new mandates it ushered in was a requirement for credit card companies to print right on your statement in black and white how long it will take you to pay off your balance if you only pay the minimum and how much in interest this will...

Faced with a barrage of negative publicity and consumer complaints about unexpected charges, Visa today is becoming the first of the major credit companies to pull the plug on a credit card practice that prompted Congressional charges of "aggressive" abuse. Visa said that it will stop allowing...

Some experts believe an unintended consequence of credit card reform in the Credit Card Accountability Responsibility and Disclosure (CARD) Act may be to actually make it more difficult for a potential homeowner to get a mortgage loan. Heavy Hammer, Inc. is an "online networking and consulting...

I know everyone is going to be shocked to hear this, but according to Business Week's recent article, "Dodging Credit Card Reform," the credit card industry is trying to find loopholes in the new regulations that took effect in August and will again in February. You could knock me over a...

In a move that has drawn criticism, confusion, and more than a few comments about strange bedfellows, the Senate recently voted 67-29 to add a gun-rights amendment to a consumer credit-card bill. The provision, which was authored by Sen. Tom Coburn (R-Okla), requires national parks to abide by...