April 24th, 2009 | Posted in Insurance
President Obama this week called 14 top banking executives to the White House to announce he would support legislation protecting cardholders from abrupt interest-rate increases and fees, among other practices. Card issuers are fighting two cardholder-protection bills circulating on Capitol Hill — one was cleared on Wednesday for a House vote, and another will be examined next week in the Senate. Read on to see how the U.S. is trying to change eight controversial card-company practices.
Related Posts
- May 21, 2009 -- Will Cardholder Protection Law Hurt Us?
- May 21, 2009 -- What the Cardholder Law Means to You
- May 21, 2009 -- What the Cardholder Law Means to You
- August 31, 2009 -- Making Home Affordable Modification…Huh?
- August 24, 2009 -- Understanding the Federal Budget
- August 6, 2009 -- Credit card holders unduly whacked?
- August 1, 2009 -- House OKs $2B for ‘Cash for Clunkers’
- July 29, 2009 -- New Safety Chief Going the Distance for You
- July 27, 2009 -- Surprise: More Think Badly of Banks
- June 11, 2009 -- The next great crisis: America’s debt
Leave a Comment