Credit card disclosures, offers and industry practices have undergone a major overhaul thanks to a host of credit card rules from legislation, Federal Reserve regulations and the Dodd-Frank Act. A law known as the Credit Card Accountability, Responsibility and Disclosure, or CARD, Act changed many industry practices, including card issuers' ability to charge overlimit fees, impose rate hikes and implement certain account changes swiftly. New Federal Reserve regulations made credit card disclosures more informative, and part of the Wall Street reform bill will cause some consumers to receive a free credit score.What does it all mean for the cards in your wallet? Bankrate.com explains how the reforms affect you. 3 questions about credit card reform Clear up confusion about credit card rules with the answers to these common questions.5 new rights for credit card users New credit card laws give you more protection. Take a look at the biggest consumer wins.New credit card rules limit penalty fees The last batch of CARD Act regulations passed help consumers understand fees and rate increases.8 'gotchas' of the Credit CARD Act Now that all the provisions have rolled out, here's where the CARD Act falls short.10 canny credit card tips for 2011 Use these tips for navigating the new credit environment and getting the most from your cards.VideosCredit cards after the new law Bankrate's Leslie McFadden explains the new credit card law.Manage your credit history The consumer reporting agencies have to give you one free credit report each year. Check one quarterly.CalculatorsWhat will it take to pay off your credit card?Balance transfer calculatorEstimate your FICO scoreThe true cost of paying the minimum advertisementRelated Links:National credit card rates for August 4, 20119 questions before choosing a credit card Credit card rewards surveyRelated Articles:Subscribe to Bankrate newslettersCredit card tips for 2010Best credit card rates
Credit card disclosures, offers and industry practices have undergone a major overhaul thanks to a host of credit card rules from legislation, Federal Reserve regulations and the Dodd-Frank Act. A law known as the Credit Card Accountability, Responsibility and Disclosure, or CARD, Act changed many industry practices, including card issuers' ability to charge overlimit fees, impose rate hikes and implement certain account changes swiftly. New Federal Reserve regulations made credit card disclosures more informative, and part of the Wall Street reform bill will cause some consumers to receive a free credit score.
What does it all mean for the cards in your wallet? Bankrate.com explains how the reforms affect you.
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