New bank and charge card offers need careful review

New bank and charge card offers need careful review
Congress passed new legislation in May 2009 that dealt with banks and credit cards (Credit Card Accountability, Responsibility and Disclosure – CARD – Act of 2009). Like most new pieces of legislation, the implementation is staggered over a period of time. In February, new rules went into effect that prohibit credit card companies from arbitrarily changing the payment due date from one month to …

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