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Credit Card Issuers

Training to Win: Learning How to Fall

Jeanne Kelly | Posted 04.23.2014 | Money
Jeanne Kelly

As I was watching the Olympics this past weekend, I was constantly struck by the skill, grace, and pure talent each competitor exhibited. However, as ...

Financially Empowering Stay-at-Home Partners

Richard Cordray | Posted 12.19.2012 | Money
Richard Cordray

We recently found that a significant number of otherwise credit-worthy people may have been denied access to credit cards because they did not have their own income independent of their spouse. We thought this issue deserved further consideration.

Credit Card Issuers Paid Colleges $83.5 Million

Yahoo! Finance | Posted 05.25.2011 | College

NEW YORK (AP) -- Colleges, alumni associations and related groups were paid $83.5 million last year under agreements with credit card companies. Ther...

8 Most Deceptive Terms Used in Credit Card Offers

Beverly Blair Harzog | Posted 05.25.2011 | Business
Beverly Blair Harzog

0% introductory APR offers are often a good thing. But read the very tiny fine print about how your 0% APR can immediately turn into a 29.99% penalty APR if you're late on a payment.

Credit Card Rates Expected To Rise

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

In the third and final phase of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD) which went into effect yesterda...

Arthur Delaney

Credit Card Issuers Getting In Their Licks Ahead Of Reform

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

As lawmakers worked out credit card reform legislation earlier this year, card issuers argued that tough restrictions would make credit costlier for c...

House Passes Credit Card Bill That Helps Consumers

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Riding a crest of populist anger, the House on Thursday approved a bill to restrict credit card practices and eliminate sudden incr...

Financial Follies: Is the Fed Encouraging Credit Card Company Foot-Dragging?

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

In December, the Federal Reserve approved new rules curtailing some -- but by no means all -- of the more egregious practices of the credit card industry. But, surprisingly, the rules are not scheduled to go into effect until July 2010. Why this 18-month long delay before making the banks clean up their acts? READ MORE The Credit Card Debt Crisis: The Next Economic Domino Hot on the heels of the banking crisis, the employment crisis, and the mortgage/foreclosure crisis, the country is on the verge of experiencing a credit card crisis. Yet the same banks that have been bailed out with billions of taxpayer dollars, have been turning around and gouging their most vulnerable customers. READ MORE Watch: Arianna on Countdown Discussing Obama's Approach to National Security Watch: Arianna Discusses Obama's Trip to Canada on CTV's Question Period

The Importance of Focusing on Credit Card Debt

Sen. Robert Menendez | Posted 05.25.2011 | Business
Sen. Robert Menendez

The bottom line is that, more than ever, we cannot allow credit card companies to continue fleecing consumers, or making them feel like it's all one big guessing game.

The Gathering Credit Card Storm

Sen. Robert Menendez | Posted 05.25.2011 | Business
Sen. Robert Menendez

We can't afford to watch consumers' finances dragged down by unfair credit card practices. It wouldn't be fair in any situation, but at a time of such national financial turmoil, it's an even bigger threat to our economy.