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Question about the 2009 Credit CARD Act? -->Federal Reserve's version + link to the real thing

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haulingthescoreup
Moderator Emerita

Question about the 2009 Credit CARD Act? -->Federal Reserve's version + link to the real thing

Federal Reserve: What you need to know about: New Credit Card Rules

I found the Federal Reserve link on the USAA site below that also helps explain how the Act affects consumers. It also specifically lists what USAA is doing, but the general discussion seems useful:

USAA: What the credit card changes mean for you

And finally, since we seem to have some semi-understandable provisions of the Act, I'm de-stickying the Library of Congress summary. Since it's locked, it will quickly vanish from sight, so here's the link for it:

Credit CARD Act of 2009

Should you find yourself wrangling discussing with other members about its provisions, this might be a handy reference. Smiley Wink
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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