New Credit Card Rules
This Sunday, August 22, will see the implementation by the Federal Reserve of the latest set of rules to arise from the Credit CARD Act of 2009. Many credit card companies have preempted this deadline by introducing the changes in advance, but here are the new rights that you should be enjoying this time next week.
Credit Card Late Fees
At the moment, you may well be charged up to $39 if you’re late making a payment, regardless of the amount you should have sent as a minimum payment. F
August 16, 2010