Highlights of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009
To educate consumers about the Credit Card Accountability, Responsibility And Disclosure (CARD) Act signed into law on May 20, CoPIRG released a factsheet about the upcoming changes and tips on how to avoid remaining abusive credit card practices.
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CoPIRG Foundation
Credit card lending has always been the most profitable form of consumer banking, according to the Federal Reserve. Yet, over the last ten years, credit card companies seeking even higher profits invented more and more unfair practices, and regulators let them.
Download our report to learn about the specific practices that will be banned and to learn tips on how to avoid other credit card rip-offs.