Policymakers should consider requiring people to take a basic financial quiz.
The CARD Act contained provisions to keep young people out of credit card debt. Was it necessary?
Secured credit cards are still subject to the CARD Act’s individual income requirement rule; the deposit isn’t enough.
A study shows the CARD Act has helped Americans avoid fees and reduce debt, but too many rely on plastic for the basics.
A new study finds the federal government’s effort to protect students from credit card debt isn’t making the grade.
The CFPB posted a proposal allowing card issuers to charge what they wish before an account is opened.
The law known as the Credit CARD Act implemented a number of restrictions on credit card fees. This week a federal judge stepped in to stall the effective date of one of those fee limits. A quick recap of events: One of the provisions in the Credit Card Accountability, Responsibility and Disclosure Act of 2009 limited
Upfront credit card fees are stirring up emotions in South Dakota. Last week, First Premier Bank and Premier Bankcard of the Mount Rushmore State filed a lawsuit against the Federal Reserve Board and the newly opened Consumer Financial Protection Bureau. The suit says the central bank overstepped its authority when it ruled that upfront fees
One of the requirements of the Credit Card Act implemented two years ago was that issuers of credit cards had to include a resource for customers who had trouble managing their finances. The National Foundation for Credit Counseling provided a toll-free number to be printed on credit card statements, which consumers can call to find
Credit card-reform legislation known as the Credit CARD Act turns two years old this month, so the Pew Charitable Trusts’ Pew Health Group conducted a study to find out how well the Act did at reforming credit card abuses and curbing fees and rate hikes. The Safe Credit Card Project issued a two-page report determining