It turns out that the Credit CARD Act of 2009 – a series of reforms in the credit card industry aimed at eliminating or mitigating unfair and abusive practices – was only the initial salvo of a legislative campaign aimed at benefiting consumers. At this point in the economic recession, just about everyone agrees that our financial regulatory system needs
With an exciting and attention grabbing name as titled above, how can you ignore the Senate’s Credit Card Accountability Responsibility and Disclosure Act of 2009? (Also known as The Credit C.A.R.D Act of 2009. I know, super original). “But wait, BillShrink Guy,” you ask, “Didn’t the Fed just pass new credit card regulation last year? And didn’t the House just