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Credit Card Law

Fed Displays Policy Shift, Strengthens CARD Act

Odysseas Papadimitriou | Posted 05.25.2011 | Business
Odysseas Papadimitriou

As the United States comes out of the Great Recession, we must critically examine the causes of this economic swoon and make adjustments in order to prevent such an event from ever occurring again.

New Credit CARD Act Rules Clamp Down on Fees

Curtis Arnold | Posted 05.25.2011 | Business
Curtis Arnold

When President Obama signed the Credit CARD Act into law in 2009, the new legislation tasked the Federal Reserve with setting guidelines for "reasonable" penalties triggered by late payments.

College Credit Card Crunch

Roseanne Colletti | Posted 11.17.2011 | Healthy Living
Roseanne Colletti

No more free T-shirts, pizza and the like. Beginning in February, college students who apply for credit cards will need proof of income.